catallactics การใช้
- Perry conceived of economics as the " science of Buying and Selling, " or, as Richard Whately earlier termed it, catallactics.
- According to Mises ( " Human Action ", page 3 ) and Hayek it was Richard Whately who coined the term " catallactics ".
- Catallactics is a praxeological theory, the term catallaxy being used by Friedrich Hayek to describe " the order brought about by the mutual adjustment of many individual economies in a market . " Hayek was dissatisfied with the usage of the word " economy " because its Greek root, which translates as " household management ", implies that economic agents in a market economy possess shared goals.