Barry Smith, Austrian economics, and the irrefutability of the action axiom

by Geoffrey Allan Plauché on December 20, 2004 @ 3:54 pm · 0 comments

in (Austrian) Economics,Featured Posts,Philosophy

  • Share/Bookmark
Print This Post

Philosopher Barry Smith has argued in several places (see “The Question of Apriorism,” for an example), contra the Austrian economists, that the action axiom is not irrefutable. He points out that an alien could deny that human beings act. I think that he is correct here if the action axiom is defined as the fact that human beings act. But even so, any attempt by a human being to refute the action axiom would still be self-defeating. In any case, I would argue (as I believe notable Austrian economists have) that the action axiom is universalizable to all volitional beings, in which case a denial by an alien that human beings act would hinge upon an empirical-contingent claim, viz. the denial that human beings are volitional beings. The truth of the action axiom is thus never in question, and it remains irrefutable.

Geoffrey is an Aristotelian-Liberal political philosopher and an adjunct instructor for Buena Vista University. His work has appeared in the Journal of Libertarian Studies, the Journal of Value Inquiry, and Transformers and Philosophy. He lives in Bellevue, NE with his wife and daughter.
Geoffrey Allan Plauché

Related Posts

  1. Objectivism and Austrian Economics
  2. Update
  3. Value-neutrality in science; and Rand’s agent-relative theory of value and the Austrian theory of subjective value
  4. Austrian Scholars Conference 2006
  5. Aw…crap! Not statistics again!!!
  • Share/Bookmark
Print This Post

Previous post:

Next post: