Monday, September 19, 2011

Economic Action

July 29, 2011

Economic action will be according to Weber, if its subjective meaning deals with action that is recognized to be a penchant to meet aim for usefulness in satisfying a request, the rational use of resources to meet requirements and desires. “"Rational economic action’ requires instrumental rationality in this orientation, that is, deliberate planning.”  Realistic economic achievements must have need of a working sensible point of reference namely of thoughtful development.

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