Thread · HN Continuity

I think the author really missed by failing to integrate Hayek's ideas.

  Hayek argued that market prices thus allow agents—all of whom operate with 
  limited information—to coordinate their activities. By contrast, the full 
  information equilibrium models obscure the process by which real markets deal 
  with the problem of dispersed information, because they are based on the 
  assumption that such coordination has already occurred.

<a href="https://www.britannica.com/money/F-A-Hayek/Hayeks-intellectual-contributions" rel="nofollow">https://www.britannica.com/money/F-A-Hayek/Hayeks-intellectu...