On Praxeology
Austrians often get a lot of grief for Mises' "extreme a priorism" and his notion of "praxeology." In fact, much of mainstream microeconomics is just praxeology done with mathematics: it is working out the logic of optimizing decisions. Now, if Austrians were more cognizant of that fact, it would help them to not get so much grief: They'd realize that Mises, Hayek, Friedman, Krugman, Stiglitz, Becker, etc. are all neoclassical economists. None of the above should be taken to mean that there is no difference between the Austrian neoclassical approach and the more mainstream one.