Causal perturbation theory is discussed as a mathematically well-defined framework for constructing quantum field theories, though it only yields an asymptotic series and lacks a rigorous treatment of infrared limits. The conversation highlights the historical contributions of Bogoliubov and Shirkov, as well as Epstein and Glaser, in developing this theory, with emphasis on the need for rigorous treatment of time ordering and infrared problems. Participants debate the relationship between causal perturbation theory and Wilsonian effective field theories, suggesting that while causal perturbation theory reproduces standard results, it cannot be framed within a cutoff approach. The discussion also touches on the implications of causal perturbation theory for understanding the nature of particles like electrons as infraparticles. Overall, the theory is positioned as a valuable tool for approximating results in quantum field theory, despite its limitations in rigor and completeness.