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« Contestation, Deliberation, Discussion and Cooperation -- #Ostrom Day 2021 | Main | Visions of the Future of Capitalism »


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Pete, I agree with you that "the whole thing went south" with the rise of Keynesian economics instead of Austrian economics. In this regard, I want to alert you to a recent co-authored publication of mine, offering an alternative explanation of Hayek's abandonment of capital theory in 1941 (something you touched on in the interview video above)to the one given by Bruce Caldwell in his well-known publication "Hayek's Transformation." Here is a link to my paper for your convenient reference: https://www.cambridge.org/core/journals/journal-of-the-history-of-economic-thought/article/abs/retrospective-look-at-the-hayek-story-roundaboutness-sticky-consumption-and-sequestered-capital/18C74DC3B684E4679B696076D1C67C56

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