PraxMS LLC: Leveraging Talent. PraxMS is short for Praxeological Management Solutions. Praxeology is the social science developed by Ludwig von Mises. Put simply, the science is a recognition that people are rational and will make the rational decision to improve their own condition, from their own perspective, at every opportunity. As such, praxeology recognizes that all interaction is subject to the same economic laws as commerce. Including the laws of Supply and Demand, Utility, and Price. Do you ever wish you employees could do more than their natural talent allows? They can with PraxMS. Let us help you develop robust systems that work even with "average" employees to produce exceptional results.