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 individualhuman 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.
deep study of how peace can be maintained in the world by inculcating in the minds of people the importance of peace and sensitizing them to the devouring power of violence to wreak havoc on mankind as a whole.
In the present-day world marred by violence and terrorism, the significance of paxology is growing by leaps and bounds day by day.