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The Unseen Consequences: How Government Regulations Breed More Problems
In a world increasingly interwoven with complex socio-economic fabrics, the role of government regulation has become a subject of...

Sam Wilks
Dec 9, 20235 min read
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The advantages of a free market system over a planned economy
From the author. The opinions and statements are those of Sam Wilks and do not necessarily represent whom Sam Consults or contracts to. ...

Sam Wilks
Dec 1, 20234 min read
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A failure to communicate
To understand why the failure of public consultation on prohibition, a policy with a historical track record of failure, is so...

Sam Wilks
Nov 29, 20233 min read
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The relationship between praxeology and the study of public choice theory.
Praxeology and public choice theory both provide tools for understanding human action within specific domains. While praxeology is the...

Sam Wilks
Oct 10, 20233 min read
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The role of praxeology in understanding the behaviour of business and markets.
Understanding the behaviour of businesses and markets is central to economics. Through the lens of praxeology, which delves into the...

Sam Wilks
Oct 3, 20233 min read
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How praxeology can be used to analyze the effects of international trade and globalization.
International trade and globalization are multifaceted topics that involve a complex interplay of economic, political, and social...

Sam Wilks
Sep 26, 20233 min read
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The implications of praxeology for the study of economic history.
Praxeology, the study of human action and its logical implications, can profoundly influence the way we approach and understand economic...

Sam Wilks
Sep 19, 20233 min read
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The relationship between praxeology and the study of money and banking.
The study of money and banking, at its core, is deeply intertwined with the principles of human action and the broader field of...

Sam Wilks
Sep 12, 20233 min read
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The role of praxeology in understanding the business cycle and its causes.
When examining the business cycle and its causes, praxeology, or the study of human action, offers a unique lens grounded in the Austrian...

Sam Wilks
Sep 5, 20233 min read
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How praxeology can be used to analyze the effects of government intervention in the economy.
Analyzing the effects of government intervention in the economy is a topic of considerable debate and discussion among taxpayers and...

Sam Wilks
Aug 29, 20233 min read
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The relationship between praxeology and the study of entrepreneurship.
The study of entrepreneurship involves understanding how individuals identify opportunities, allocate resources, and create value in the...

Sam Wilks
Aug 22, 20232 min read
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The limitations of mathematical modelling in economics and the advantages of praxeological analysis.
In my own observations and opinions, I am going to try to construct an argument concerning the limitations of relying solely on...

Sam Wilks
Aug 15, 20233 min read
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The importance of subjective value theory in praxeology and its implications for economic analysis.
The Roots of Subjective Value Theory in Praxeology: As a cornerstone of the Austrian school of economics, Ludwig Von Mises emphasized...

Sam Wilks
Aug 8, 20233 min read
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The role of praxeology in Austrian economics and its differences from mainstream economics.
Praxeology and Austrian Economics Perhaps the most ardent proponent of praxeology, Ludwig Von Mises, proposed that economics should start...

Sam Wilks
Aug 1, 20232 min read
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Ludwig Von Mises Vs Jordan Peterson
The relationship between praxeology and the BIg-5 Personality Trait systems for profiling behaviour. Understanding human behaviour...

Sam Wilks
Jul 30, 20233 min read
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How praxeology can help explain human action and decision-making in the economy.
Praxeology: The Basics At its core, praxeology is the science of human action. Ludwig Von Mises, who popularized the term, postulated...

Sam Wilks
Jul 26, 20232 min read
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The Limitations of Mathematical Modeling in Economics and the Advantages of Praxeological Analysis
Economics, as a social science, seeks to understand and explain the complex interactions of human action within the realm of scarcity....

Sam Wilks
Jun 21, 20233 min read
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Inflation: The Perils of Government Intervention and the Expansion of the Money Supply
Inflation, the steady rise in the general level of prices, has long been a concern for business owners, the middle class, economists, and...

Sam Wilks
Jun 18, 20235 min read
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The role of entrepreneurship in creating new products and services in free markets.
Entrepreneurship plays a critical role in driving innovation and creating new products and services in free markets. This article will...

Sam Wilks
Jun 11, 20233 min read
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Reduced Competition: Government Intervention and the Risk of Monopolies or Oligopolies
Competition is the cornerstone of a vibrant and dynamic market economy. It fosters innovation, efficiency, and consumer choice. However,...

Sam Wilks
Jun 8, 20233 min read
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