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If we, in the wealthier countries, today can provide facilities and conveniences for most which not long ago would have been physically impossible to produce in such quantities, this is in large measure the direct consequence of the fact that they were first made for a few.
 
Hayek, Friedrich A.
The Constitution of Liberty
1960 , p. 43

 

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Catallaxy ® Institute - c/o GFI Treuhand, via Maistra 7, 7500 St. Moritz (CH) - © 2009-2012

"A catallaxy is thus the special kind of spontaneous order produced by the market through people acting within the rules of the law of property, tort and contract".F. A. von Hayek, Law Legislation and Liberty (London, 1982), Vol. 2 (1976), pp. 108-109.