Part V - Choice - now online

What does it really mean to choose? In Part V — Choice of our Principles of Praxeology course, Dr. Antony P. Mueller guides students through one of the most foundational insights in Austrian economics: all human action is choice — purposeful, value-driven, and subjective.

In this module, you’ll explore why even so-called mistakes or irrational behaviors are still meaningful acts of choice. You’ll learn how praxeology understands thinking and speaking as actions, and how altruism and egoism, far from being opposites, share the same structure of purposeful behavior.

Praxeology reminds us that:

We cannot act without choosing.

• Every choice reflects a preference — not measured in numbers, but ranked in order of personal importance.

• Value comes not from things, but from what those things help us achieve.

This session provides not only philosophical depth but also real-world clarity. Whether you’re an economist, entrepreneur, or student of human behavior, understanding the logic of choice sharpens your thinking about how the world works — and how people make decisions within it.

🎓 Ready to Go Deeper?

Part V — Choice is available to explore now — and free of charge. While we do not charge tuition, the International Mises Academy gratefully welcomes voluntary support through course payments or direct donations to help us continue offering this unique educational experience.

👉 Start the course now