If human action always aims at a purpose, which by definition it does, then human action must be rational, that is, consistent with reason or guided by one’s will and intellect. It can never be termed irrational. What then is irrationality? According to Mises, irrationality is not the opposite of action or purposeful behavior, that is, it is not willed behavior without a purpose. All willed behavior has a purpose. Irrational behavior is behavior induced by response to stimuli, behavior that lies beyond the control of a person’s will or volition. FULL ARTICLE
Source link: http://archive.mises.org/5378/what-do-austrians-mean-by-rational/
What Do Austrians Mean by “Rational”?
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