I start my Austrian Theory of the Market Process II class tomorrow. My first lecture emphasizes the ways that contemporary economics has moved in the direction of Mises and Hayek, rather than away. The examples I give are: microfoundations, new institutionalism, and entrepreneurship studies. I end my lecture discussing the remaining gaps. The first example of a major gap is methodology, and I discuss the issues of formalism and positivism. However, after finishing my lecture I discovered this wonderful post by Peter Klein on these issues.