Rejoinder to Davidson on the Ethics of Loan Maturity Mismatching and Fractional Reserve Banking
DOI:
https://doi.org/10.30800/mises.2015.v3.777Keywords:
Fractional reserves, Banking, Loan maturity mismatchingAbstract
Davidson (2014) takes the position that there is nothing unethical about loan maturity mismatching, particularly when a bank borrows money for a shorter time horizon than when it lends it out. The present paper takes issue with her position, and maintains that not only is this practice unethical, it should be outlawed.
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Published
2015-12-01
How to Cite
1.
Block WE, Barnett W. Rejoinder to Davidson on the Ethics of Loan Maturity Mismatching and Fractional Reserve Banking. MisesJournal [Internet]. 2015 Dec. 1 [cited 2024 Nov. 22];3(2):411-25. Available from: https://misesjournal.org.br/misesjournal/article/view/777
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Section
Economics, Methodology and Praxiology