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… is from page 257 of F.A. Hayek’s insightful 1957 paper “What is ‘Social’? What Does It Mean?” as this paper appears as chapter nineteen of Essays on Liberalism and the Economy [2] (2022), which is volume 18 (expertly edited by Paul Lewis), of The Collected Works of F.A. Hayek [3] (footnote deleted; link added):
How few there are today who understand Ortega y Gasset’s dictum [4] that “order is not a pressure imposed upon society from without, but an equilibrium which is set up from within.”
DBx: Yes.
Put differently, the market is not disorderly chaos [5] – not a “drunk donkey” as described by Oren Cass [6].
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Pictured above is José Ortega y Gasset [7].