Rejoinder to Barnett and Block on the Ethics of Loan Maturity Mismatching

  • Laura Davidson
Keywords: Fractional reserves, banking, loan maturity mismatching

Abstract

Davidson (2015) takes the position that it is ethical for a bank to borrow money for a shorter time period, and lend this same money out for a longer term. Barnett and Block (forthcoming) disagree. The present paper is a response to Barnett and Block.

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Published
2016-06-01
How to Cite
Davidson, L. (2016). Rejoinder to Barnett and Block on the Ethics of Loan Maturity Mismatching. MISES: Interdisciplinary Journal of Philosophy, Law and Economics, 4(1), 105-119. https://doi.org/10.30800/mises.2016.v4.825
Section
Economics, Methodology and Praxiology