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Financial Freedom and Socially Responsible Market Economy: An Analysis from Rawls’s Theory of Justice

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  • Daryaei, Abbas Ali

    (Imam Khomeini International University)

  • Haghighat, Hamid

    (Imam Khomeini International University)

Abstract

Using Rawls's theory of justice, this paper addresses the empirical question of whether the socially responsible market economy can help explain the current situation in financial freedom, as well as its recent variation across countries. Utilizing annual data from selected countries of Middle East, North Africa, Asia and Oceania, and

Suggested Citation

  • Daryaei, Abbas Ali & Haghighat, Hamid, 2017. "Financial Freedom and Socially Responsible Market Economy: An Analysis from Rawls’s Theory of Justice," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 12(3), pages 251-275, July.
    • Handle: RePEc:mbr:jmonec:v:12:y:2017:i:3:p:251-275
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    References listed on IDEAS

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