What is the Latin for ‘Mayonnaise'? A Response to Bagus, Howden and Gabriel

Verfasser / Beitragende:
[Anthony Evans]
Ort, Verlag, Jahr:
2015
Enthalten in:
Journal of Business Ethics, 131/3(2015-10-01), 619-623
Format:
Artikel (online)
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245 1 0 |a What is the Latin for ‘Mayonnaise'? A Response to Bagus, Howden and Gabriel  |h [Elektronische Daten]  |c [Anthony Evans] 
520 3 |a If fractional-reserve demand deposits are common, and illegitimate, an obvious flaw in the banking system is exposed. However, this article maintains that the only reason why demand deposits may be considered illegitimate is because of a way of defining them that renders them almost irrelevant. This article provides a response to Bagus et al. (J Bus Ethics, Forthcoming, 2014), and identifies examples of how they misrepresent Evans (J Bus Ethics, Forthcoming, 2013). It also provides further considerations on the tradeoffs relating to the availability of a deposit; methodological subjectivism; and the potential for hybrid contracts. Deposit and loan contracts may be hard to mix, but theactual results of doing so should not be ignored. 
540 |a Springer Science+Business Media Dordrecht, 2014 
690 7 |a 100% reserve requirement  |2 nationallicence 
690 7 |a Banking  |2 nationallicence 
690 7 |a Demand deposits  |2 nationallicence 
690 7 |a Fractional-reserve banking  |2 nationallicence 
690 7 |a Fraud  |2 nationallicence 
690 7 |a Maturity mismatching  |2 nationallicence 
690 7 |a Time deposits  |2 nationallicence 
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950 |B NATIONALLICENCE  |P 100  |E 1-  |a Evans  |D Anthony  |u ESCP Europe Business School, 527 Finchley Road, Hampstead, NW3 7BG, London, UK  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Journal of Business Ethics  |d Springer Netherlands  |g 131/3(2015-10-01), 619-623  |x 0167-4544  |q 131:3<619  |1 2015  |2 131  |o 10551