Journal of Business Ethics 96 (2):233 - 248 (2010)

Authors
J. J. Graafland
Tilburg University
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
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 Theory of Moral Sentiments.Adam Smith - 1759 - Dover Publications.
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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Reciprocity as a Foundation of Financial Economics.Timothy C. Johnson - 2015 - Journal of Business Ethics 131 (1):43-67.

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