Quotes from “Rational Choice and Human Agency in Economics and Sociology: Exploring the Weber-Austrian Connection”

By Peter Boettke (1998)

• Since the scientific goal in interpretative sociology (i.e., praxeology) is Verstehen, not prediction and falsifiability, broadening of the concept of rationality to near tautological status does not present the problem it would in alternative concepts of science. #
  PraxeologyEpistemologyEconomicsScience
• Economic calculation provides economic actors with vital knowledge which enables the social system of production to separate endeavors which are economically feasible from those which are technologically feasible.#
  EconomicsEpistemology