In my previous hub , I have reviewed some frequent optimistic and unfavorable characteristics of the transitioning process in international locations transferring from a central planned economic system to a market-primarily based economic system. Before substantiating my thesis by contrasting the essential characteristics of Austrian thought with those of the classical and the Lausanne college, I have to meet two obvious objections. The quantities and prices of goods offered available in the market rely upon these individual needs and talents. My next activity is to differentiate the particular characteristics of the Viennese college from those of the Lausanne college. So …