Video – Vernon Smith on Hayek

His discussion of Hayek begins at about 8 minutes into the video.

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Right after we published our first findings [on path dependence and complexity theory], we started getting letters from all over the country saying, ‘You know, all you guys have done is rediscover Austrian economics’ .. I admit I wasn’t familiar with Hayek and von Mises as the time. But now that I’ve read them, I can see that this is essentially true. — Brian Arthur

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