Gintis on Hayek

Check out this recent paper by Herb Gintis entitled Hayek’s “Contribution to a Reconstruction of Economic Theory.” Herb’s paper is, I think, going to be part of an edited collection that I’m also contributing to and am still polishing up. I had the pleasure of meeting Herb just over a year ago at the Society for Behavioral Economics conference in San Diego. I recently read Herb’s The Bounds of Rationality – the title a clear nudge and a wink to that other Herb – H. A. Simon’s famous phrase. And it’s endorsed by none other Nobel laureate Vernon Smith who I happened to meet this past May at a conference.