Journal of Business Ethics 96 (2):233 - 248 (2010)
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| Abstract |
Calvin's view on the legitimacy of interest has had a great impact on the economic development of Western society. Although Calvin took a fundamentally positive attitude to interest, he also proposed several restrictions on the charging of interest. In this article, we investigate the relevance of these restrictions to the current credit crisis. We find that each of them provides a relevant interpretation of what went wrong in the buildup of the credit crisis and gives directions to improve policies of banks and governments as well
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| Keywords | banking sector Bible bonus system Calvin credit crisis Golden Rule reciprocity government regulation restriction on charging interest |
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| DOI | 10.1007/s10551-010-0462-9 |
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References found in this work BETA
The Protestant Ethic and the Spirit of Capitalism.Max Weber, Talcott Parsons & R. H. Tawney - 1930 - Charles Scribnerr's Sons.
The Protestant Ethic and the Spirit of Capitalism. Max Weber.C. D. Burns - 1930 - International Journal of Ethics 41 (1):119-120.
Humanizing Business: A Modern Virtue Ethics Approach.Geoff Moore - 2005 - Business Ethics Quarterly 15 (2):237-255.
Humanizing Business: A Modern Virtue Ethics Approach.Geoff Moore - 2005 - Business Ethics Quarterly 15 (2):237-255.
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Citations of this work BETA
Reciprocity as a Foundation of Financial Economics.Timothy C. Johnson - 2015 - Journal of Business Ethics 131 (1):43-67.
Adam Smith as Theologian, Edited by Paul Oslington. London: Routledge, 2011, 146 Pp. [REVIEW]Johan Graafland - 2011 - Erasmus Journal for Philosophy and Economics 4 (2):109.
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