S18E8 - What Really Drives Human Action? Praxeology, Free Markets and the Truth About Economics (ep. 244)

What really drives human action—and how does it shape the economy we live in?

In this episode of the WS Podcast, Wojciech Salski explores the powerful ideas from Praxeology: The Invisible Hand That Feeds You by Knut Svanholm, breaking down the foundations of praxeology, Austrian economics, and the logic behind human decision-making.

Praxeology is the study of human action—based on the idea that every decision we make is purposeful and aimed at improving our situation. Unlike traditional economic models that try to predict behavior, praxeology starts from a simple truth: humans act based on i...