Calvin’s Restrictions on Interest: Guidelines for the Credit Crisis [Book Review]

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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10.1007/s10551-010-0462-9

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Author's Profile

J. J. Graafland
Tilburg University

Citations of this work

Reciprocity as a Foundation of Financial Economics.Timothy C. Johnson - 2015 - Journal of Business Ethics 131 (1):43-67.

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References found in this work

The Theory of Moral Sentiments.Adam Smith - 1759 - Mineola, N.Y.: Dover Publications. Edited by Elizabeth Schmidt Radcliffe, Richard McCarty, Fritz Allhoff & Anand Vaidya.
Humanizing Business.Geoff Moore - 2005 - Business Ethics Quarterly 15 (2):237-255.
Humanizing Business.Geoff Moore - 2005 - Business Ethics Quarterly 15 (2):237-255.
Do Markets Crowd Out Virtues? An Aristotelian Framework.J. J. Graafland - 2010 - Journal of Business Ethics 91 (1):1-19.

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