ABSTRACT

This past summer, two of the most prominent men in German economics, Wilhelm Lexis and Eugen von Böhm-Bawerk, were carried off by death. Lexis had reached the respectable age of seventy-seven and, although active until the very end, it may be said that his lifework had essentially been completed. Böhm-Bawerk was almost fifteen years younger; all things considered, he would still have had occasion to afford us many products of his incomparable acuity; his death was totally unexpected, and it elicited, not least for the author of these lines, an immensely painful shock.