MISES “Austrian School” killed “Homo Economicus” long before Thaler (den nya Nobelpristagaren i ekonomi).
There is only purposeful behavior or human action.
Praxeology does not employ the term rational.
The opposite of action is not irrational behavior.
Economics does not deal with “homo economicus” at all, but with “homo agens”: Man “as he really is.”
The qualification of ends is without significance for praxeology, the science of means, not ends.
An action unsuited to the end sought is still an action.
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