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A society in which the position of the individuals was made to correspond to human ideas of moral merit would therefore be the exact opposite of a free society. It would be a society in which people were rewarded for duty performed instead of for success, in which every move of every individual was guided by what other prople thought he ought to do, and in which the individual was thus relieved of the responsibility and the risk of decision. But if nobody's knowledge is sufficient to guide all human action, there is no human being who is competent to reward all efforts according to merit.
 
Hayek, Friedrich A.
The Constitution of Liberty
1960 , p. 97

 

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"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.