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Catallactics

   Also found in: Wikipedia 0.01 sec.
Cat`al`lac´tics
n.1.The science of exchanges, a branch of political economy.


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He uses the term praxeology to refer to the general study of human action so defined (3, 12), reserving the term catallactics for the subset of problems that fall within the traditional scope of economics.
People like me got "the treatment," but I was surely the better for it, and my appreciation of his focus on catallactics was greatly sharpened.
 
 
 
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