‘Euvoluntary’ Exchange and the ‘Difference Principle’

49 Pages Posted: 3 Aug 2011

See all articles by Michael C. Munger

Michael C. Munger

Duke University - Department of Political Science; Duke University - Department of Economics; Institute for Corruption Studies

Date Written: August 2, 2011


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.

Keywords: voluntary exchange, philosophy, inequality

JEL Classification: A13, B25

Suggested Citation

Munger, Michael C., ‘Euvoluntary’ Exchange and the ‘Difference Principle’ (August 2, 2011). Available at SSRN: https://ssrn.com/abstract=1904035 or http://dx.doi.org/10.2139/ssrn.1904035

Michael C. Munger (Contact Author)

Duke University - Department of Political Science ( email )

140 Science Drive (Gross Hall), 2nd floor
Duke University Mailcode: 90204
Durham, NC 27708-0204
United States
919-660-4301 (Phone)
919-660-4330 (Fax)

Duke University - Department of Economics

213 Social Sciences Building
Box 90097
Durham, NC 27708-0204
United States

Institute for Corruption Studies

Stevenson Hall 425
Normal, IL 61790-4200
United States

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