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

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. https://www.britannica.com/money/F-A-Hayek/Hayeks-intellectual-contributions https://www.britannica.com/money/F-A-Hayek/Hayeks-intellectu...