Skip to main navigation menu Skip to main content Skip to site footer

Economics, Methodology and Praxiology

Vol. 3 No. 2 (2015)

Rejoinder to Davidson on the Ethics of Loan Maturity Mismatching and Fractional Reserve Banking

  • Walter E. Block
  • William Barnett
DOI
https://doi.org/10.30800/mises.2015.v3.777
Submitted
June 22, 2018
Published
2015-12-01

Abstract

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.

Downloads

Download data is not yet available.