silhouette of man

Praxeological Prelude (Part 5)

So you enjoy reading this post. I mean, you’re still reading it. No judgment from me. I’m glad you find it useful. You must see some value in it. That further concludes my discussion on praxeology today.

From Praxeological Prelude (part 1)

Human action is purposeful behavior. Human action is also useful in achieving one’s goal. The value of the action and is tied to the usage of the action.

Take reading for example. Reading this post is an action amongst many actions you could take right now. You could read this post now, later, or ignore it and do something else. Assuming your goal is to understand this post, you have chosen the action of reading to achieve your goal. You chose the act of reading over the act of ignoring this post.

Individuals have different scales of value. In addition, those scales of value are subject to change at different times. Others may have chosen a different action than yours today and a different action the next day thus showing their subjective valuations.

The value of your action is in accordance with your action. You chose to read this blog post and I appreciate it thank you for valuing it that much.

Until next time.