Praxeology in (Human) Development Studies: Guidelines For A Hegelian Perspective.

Addressing the study of human action from Mises's perspective of the praxeological method is in itself highly controversial. Particularly, if it attempts to identify the ultimate basis of human development, it will face unmanageable problems in analytical and normative terms. The incapability to withdraw from the socalled self-evident judgments comes together with the refusal of the elements that address its operability. Dependent of a soft well-being concept (unauthorized to distinguish action from performance), it is unable to establish interpersonal comparisons, and this in turn frustrates any kind of attempt to design a convincing social justice theory. A Hegelian perspective brings order to and improves both the moral and the operability dimension of the praxeological interpretation of economics. [ABSTRACT FROM AUTHOR]