“Economics is not a true description of one kind of action but an abstract, arbitrary, and therefore erroneous description of all action; and the ‘economic man’ whom it describes is not, in these days, denied to be a fictitious entity” — R. G. Collingwood Copy Share Image
“All rational action is economic. All economic activity is rational action. All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.” — Ludwig von Mises Copy Share Image
