| Publications [#312943] of Michael C. Munger
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- Munger, MC, ‘Euvoluntary’ Exchange and the ‘Difference Principle’
(August, 2011)
(last updated on 2024/03/28)
Abstract: Takes up the problem of “truly voluntary” (euvoluntary) exchange argued in Munger (Social Philosophy and Policy, Summer 2011) and extends it to apply to the problem of inequality of income. In particular, it is argued that there exists a link between Rawls’ difference principle and Hayek’s conception of a safety net within an otherwise pure free market.
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