ABSTRACT

Hans Mayer, with his blond Jove-like beard, whose lectures were well received and who was mad keen on hunting chamois from peak to peak, was perhaps as an economist content with less elevated pursuits. Any genuine economic thinking is bound to tackle the equilibrium of interdependence. The Viennese school constructed its theory in a spirit which in many ways was contrary to that of the Lausanne school. It made a distinction, not without justification and using its own analytical instruments, between a halt in the flow of goods and the decisions of economic agents which by their interaction adjust supply and demand. The "manoeuvres" in Lorraine and the different diversions of the occupation period had little connection with abstract economics. In the economic whole considered, the decision-makers maintain and upvalue the structure of their units, whether simple or complex, and enter in both cases into a conflict-cooperation relation, acting in both cases through regulations and partial equilibrations.