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v. To make libertarian arguments from logical first principles and without reference to actual experience. Especially when arguing that outside experience can not disprove your argument *even in principle*.

Often used by anti-libertarians in a derisive manner.

Derived from "praxeology" as invented by libertarian philosopher Ludwig von Mises.
Your friend was really praxing out when he said that privately owned courts would be more just than democratically governed ones.
prax by TommSciortino January 25, 2015
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a mix of admiral ackbar's "its a trap!" and a high/drunk slurring of cydron prax, a friends old star wars galaxies character, mocking him.

this conjunction can be used to describe situations or actions less than favorable or likable to you (a bad date,bad sex,bad beer,bad or lame anything)
man, i went on a blind date with that one chick, it was a prax...she had aspergers.....but i still got a little dragon brain

its a prax!, Chris Hansen is here
Prax by Lord-Gore April 6, 2010
The act of aiming your golf shot to the right, and actually hitting it to the right, only to find yourself wondering why the hell it went to the right.
Dude, why the hell did I just prax that ball!
Prax by aaabbb September 19, 2006

Pulling a Prax 

Pulling a Prax refers to the unintentional and reflexed movement of Ninja choppin' some punk who sneaks up on you while taking a drink.
Prax: Dude wtf, some guy just sneaked up behind me while I was taking a drink

Alex: What a douche, I hope you pulled a Prax!

Prax: You know it! I was totally Pulling a Prax on his ass!
Pulling a Prax by Bolton94 May 4, 2011

lax prax 

Bro #1: Ay man, you ready for lax prax after class?
Bro #2: I'm down!
Bro #1: Aight, broooooo.
lax prax by Broberg December 3, 2010

Praxeology 

Praxeology is the distinctive method of the Austrian school of economics, popularized by the economist Ludwig Von Mises. It rests on the fundamental axiom that individual human beings act, that is, on the primordial fact that individuals engage in conscious actions toward chosen goals. This concept of action contrasts to purely reflexive, or knee-jerk, behavior, which is not directed toward goals.

Definition provided by the Mises Institute
The basic principles of praxeology were first discovered by the Greek philosophers, who used them as a foundation for a eudaimonistic ethics.
Praxeology by Corn Goblin June 1, 2017

PraxisBen 

Libertarian think tank funded asshole who spouts misinformation straight out of CIA and US state affiliated mouths
PraxisBen's IQ is 0.999
PraxisBen by Based Hare May 28, 2023