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Quotation of the Day…

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… is from pages 4-5 of what is perhaps the single book that has had the greatest impact on my thinking, Hayek’s 1973 Law, Legislation, and Liberty: Rules and Order [2]:

One of the main themes of this book will be that the rules of just conduct which the lawyer studies serve a kind of order of the character of which the lawyer is largely ignorant; and that this order is studied chiefly by the economist who in turn is similarly ignorant of the character of the rules of conduct on which the order that he studies rests.

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