13-6 Man reveals only a part of his value scale through actions

Praxeology is concerned with that part of value scales that can be ascertained from actions.

Price implies value scales—the latter (ideas) can be ascertained only through the former (actions).

“In praxeology we are not interested in the concrete content of his value scales nor in his underlying personality. We are interested in value scales as revealed through choice.”

“We deduce the existence of a specific value scale on the basis of the real act; we have no knowledge of that part of a value scale that is not revealed in real action.”

Next:

• 13-6a The same individual exhibits different scale of values at different times
• 13-7 Value scales consist of specific units, and associated subjective utilities

Related:

• Ranked values
  • 3-1c2d Human knowledge is hierarchically structured. It’s a list but also about how things on the list relate to one another. The sum of what we know is greater than all things put together.
  • 3-1c2d1 Individuals or nations might possess the same values, but the ordering differs
• Praxeology is content-independent
  • 13-6d Praxeological laws apply regardless of the content of value scales—regardless of the nature of ends pursued