New Evidence and Some Clarifications on the Ethical Implications of Hybrid Banking Contracts
This article provides a potential denouement of a rich debate about one of the most contentious ethical issues in economics: fractional reserve lending. It provides a considered response to Philipp Bagus, David Howden, and Amadeus Gabriel’s (2017) claim that hybrid contracts are examples of “hubris,...
Saved in:
Published in | Quarterly journal of Austrian economics Vol. 24; no. 4; pp. 591 - 605 |
---|---|
Main Author | |
Format | Journal Article |
Language | English |
Published |
Auburn
Ludwig von Mises Institute
15.12.2021
|
Subjects | |
Online Access | Get full text |
Cover
Loading…
Abstract | This article provides a potential denouement of a rich debate about one of the most contentious ethical issues in economics: fractional reserve lending. It provides a considered response to Philipp Bagus, David Howden, and Amadeus Gabriel’s (2017) claim that hybrid contracts are examples of “hubris,” provides some new empirical evidence, and clarifies certain points of disagreement. |
---|---|
AbstractList | This article provides a potential denouement of a rich debate about one of the most contentious ethical issues in economics: fractional reserve lending. It provides a considered response to Philipp Bagus, David Howden, and Amadeus Gabriel’s (2017) claim that hybrid contracts are examples of “hubris,” provides some new empirical evidence, and clarifies certain points of disagreement. |
Author | Evans, Anthony |
Author_xml | – sequence: 1 givenname: Anthony orcidid: 0000-0002-4261-9819 surname: Evans fullname: Evans, Anthony organization: ESCP Business School |
BookMark | eNpFkF1LwzAUhoNMcJve-QMC3tqZj7ZJLrVMNxh6od4J5TRNXGebbEmn7N9bneDVe3jPwznwTNDIeWcQuqRkxjOmxM1uA2ZGKKFUnqAxVTxPUkny0TATJRMuiDxDkxg3hDCqRDpGb4_mC88_m9o4bTC4Gj_7zuCihdDYRkPfeBexd7hfGzzv10PV4mW3bf93Fi8OVWhqfAfuo3HvuPCuD6D7eI5OLbTRXPzlFL3ez1-KRbJ6elgWt6tEU8FlYjJSAck5B5ZpIYWQVhGodVbpVBAwYFQKVWWlYoxxm_Lc1LXKcsGqOgep-RRdHe9ug9_tTezLjd8HN7wsmaIqzRhncqCuj5QOPsZgbLkNTQfhUFJS_vorf_yVR3_8G-O6ZVs |
Cites_doi | 10.2307/2235463 10.52195/pm.v3i2.340 10.52195/pm.v15i2.48 10.1111/ajes.12023 10.1007/s11138-010-0133-1 10.52195/pm.v12i2.135 10.52195/pm.v10i2.200 10.1007/s10551-014-2299-0 10.1007/s10551-014-2087-x 10.52195/pm.v6i2.293 10.1111/beer.12025 10.1007/s10657-012-9347-y 10.1017/CBO9780511528408 10.1007/s10551-011-0996-5 10.52195/pm.v9i2.223 10.2307/1885395 10.1007/s10551-014-2525-9 10.1007/s10551-009-0050-z 10.1007/s10551-015-2884-x 10.4324/9780203408254 10.1007/s10551-008-9976-9 10.1007/s10551-015-2972-y 10.1007/s10551-013-1867-z 10.1086/261155 |
ContentType | Journal Article |
Copyright | Copyright Ludwig von Mises Institute Winter 2021 |
Copyright_xml | – notice: Copyright Ludwig von Mises Institute Winter 2021 |
DBID | AAYXX CITATION 0-V 0U~ 1-H 3V. 7WY 7WZ 7X5 7XB 87Z 88J 8A3 8BJ 8FK 8FL ABUWG AFKRA ALSLI AZQEC BENPR BEZIV CCPQU DWQXO FQK FRNLG F~G GNUQQ JBE K60 K6~ L.- L.0 M0C M2R PQBIZ PQBZA PQEST PQQKQ PQUKI PYYUZ Q9U |
DOI | 10.35297/qjae.010118 |
DatabaseName | CrossRef ProQuest Social Sciences Premium Collection Global News & ABI/Inform Professional Trade PRO ProQuest Central (Corporate) ABI/INFORM Collection (ProQuest) ABI/INFORM Global (PDF only) Entrepreneurship Database ProQuest Central (purchase pre-March 2016) ABI/INFORM Global (Alumni Edition) Social Science Database (Alumni Edition) Entrepreneurship Database (Alumni Edition) International Bibliography of the Social Sciences (IBSS) ProQuest Central (Alumni) (purchase pre-March 2016) ABI/INFORM Collection (Alumni Edition) ProQuest Central (Alumni) ProQuest Central Social Science Premium Collection ProQuest Central Essentials ProQuest Central ProQuest Business Premium Collection ProQuest One Community College ProQuest Central Korea International Bibliography of the Social Sciences Business Premium Collection (Alumni) ABI/INFORM Global (Corporate) ProQuest Central Student International Bibliography of the Social Sciences ProQuest Business Collection (Alumni Edition) ProQuest Business Collection ABI/INFORM Professional Advanced ABI/INFORM Professional Standard ABI/INFORM Global Social Science Database ProQuest One Business ProQuest One Business (Alumni) ProQuest One Academic Eastern Edition (DO NOT USE) ProQuest One Academic ProQuest One Academic UKI Edition ABI/INFORM Collection China ProQuest Central Basic |
DatabaseTitle | CrossRef ABI/INFORM Global (Corporate) ProQuest Business Collection (Alumni Edition) ProQuest One Business ProQuest Central Student ProQuest Central Essentials ProQuest Social Science Journals (Alumni Edition) ProQuest Central (Alumni Edition) ProQuest One Community College Trade PRO ABI/INFORM Complete ProQuest Central Global News & ABI/Inform Professional ABI/INFORM Professional Advanced International Bibliography of the Social Sciences (IBSS) ABI/INFORM Professional Standard ProQuest Central Korea ABI/INFORM Complete (Alumni Edition) ProQuest Entrepreneurship Business Premium Collection Social Science Premium Collection ABI/INFORM Global ABI/INFORM Global (Alumni Edition) ProQuest Central Basic ProQuest Entrepreneurship (Alumni Edition) ProQuest One Academic Eastern Edition ABI/INFORM China ProQuest Business Collection ProQuest Social Science Journals ProQuest Social Sciences Premium Collection ProQuest One Academic UKI Edition ProQuest One Business (Alumni) ProQuest One Academic ProQuest Central (Alumni) Business Premium Collection (Alumni) |
DatabaseTitleList | CrossRef ABI/INFORM Global (Corporate) |
Database_xml | – sequence: 1 dbid: BENPR name: ProQuest Central url: https://www.proquest.com/central sourceTypes: Aggregation Database |
DeliveryMethod | fulltext_linktorsrc |
Discipline | Economics |
EISSN | 1936-4806 |
EndPage | 605 |
ExternalDocumentID | 10_35297_qjae_010118 |
GroupedDBID | .86 0-V 123 29P 7WY 7X5 8FL 8V8 AAFWJ AAYXX ABUWG ACIHN ADINQ AEAQA AEMOZ AFBBN AFKRA AFPKN AHBYD AKVCP ALMA_UNASSIGNED_HOLDINGS ALSLI ARALO AZQEC BAAKF BENPR BEZIV BPHCQ CCPQU CITATION CS3 DWQXO EBA EBO EBR EBS EBU EJD EMK EOH EPL ESO FRB FRNLG GNUQQ GROUPED_ABI_INFORM_COMPLETE GROUPED_ABI_INFORM_RESEARCH GROUPED_DOAJ IAO IBB ITC K1G K60 K6~ M0C M2R N95 OAM OK1 P2P PQBIZ PQBZA PQQKQ PROAC PV9 RPX RZL SDH TH9 TR2 XI7 ~8M 0U~ 1-H 3V. 7XB 8BJ 8FK FQK JBE L.- L.0 PQEST PQUKI Q9U |
ID | FETCH-LOGICAL-c1738-e50ba0633a25c78778f90adc5bc470aeae94abbf892223f436edd95672bd6a8c3 |
IEDL.DBID | BENPR |
ISSN | 1098-3708 |
IngestDate | Fri Dec 13 03:26:13 EST 2024 Fri Dec 06 01:21:57 EST 2024 |
IsDoiOpenAccess | false |
IsOpenAccess | true |
IsPeerReviewed | true |
IsScholarly | true |
Issue | 4 |
Language | English |
License | https://creativecommons.org/licenses/by/4.0 |
LinkModel | DirectLink |
MergedId | FETCHMERGED-LOGICAL-c1738-e50ba0633a25c78778f90adc5bc470aeae94abbf892223f436edd95672bd6a8c3 |
ORCID | 0000-0002-4261-9819 |
OpenAccessLink | https://qjae.scholasticahq.com/article/30975.pdf |
PQID | 2919452328 |
PQPubID | 55438 |
PageCount | 15 |
ParticipantIDs | proquest_journals_2919452328 crossref_primary_10_35297_qjae_010118 |
PublicationCentury | 2000 |
PublicationDate | 2021-12-15 |
PublicationDateYYYYMMDD | 2021-12-15 |
PublicationDate_xml | – month: 12 year: 2021 text: 2021-12-15 day: 15 |
PublicationDecade | 2020 |
PublicationPlace | Auburn |
PublicationPlace_xml | – name: Auburn |
PublicationTitle | Quarterly journal of Austrian economics |
PublicationYear | 2021 |
Publisher | Ludwig von Mises Institute |
Publisher_xml | – sequence: 0 name: Ludwig von Mises Institute |
References | ref13 ref12 ref15 ref14 ref11 ref10 ref0 ref2 ref1 ref17 ref16 ref19 ref18 ref24 ref23 ref26 ref25 ref20 ref22 ref21 ref28 ref27 ref29 ref8 ref7 ref9 ref4 ref3 ref6 ref5 |
References_xml | – ident: ref27 doi: 10.2307/2235463 – ident: ref28 doi: 10.52195/pm.v3i2.340 – ident: ref29 doi: 10.52195/pm.v15i2.48 – ident: ref4 doi: 10.1111/ajes.12023 – ident: ref22 doi: 10.1007/s11138-010-0133-1 – ident: ref20 doi: 10.52195/pm.v12i2.135 – ident: ref9 doi: 10.52195/pm.v10i2.200 – ident: ref17 doi: 10.1007/s10551-014-2299-0 – ident: ref25 – ident: ref5 doi: 10.1007/s10551-014-2087-x – ident: ref21 doi: 10.52195/pm.v6i2.293 – ident: ref19 – ident: ref2 doi: 10.1111/beer.12025 – ident: ref3 doi: 10.1007/s10657-012-9347-y – ident: ref11 – ident: ref15 – ident: ref18 doi: 10.1017/CBO9780511528408 – ident: ref1 doi: 10.1007/s10551-011-0996-5 – ident: ref26 doi: 10.52195/pm.v9i2.223 – ident: ref24 doi: 10.2307/1885395 – ident: ref6 doi: 10.1007/s10551-014-2525-9 – ident: ref0 doi: 10.1007/s10551-009-0050-z – ident: ref7 doi: 10.1007/s10551-015-2884-x – ident: ref14 doi: 10.4324/9780203408254 – ident: ref23 – ident: ref10 doi: 10.1007/s10551-008-9976-9 – ident: ref8 doi: 10.1007/s10551-015-2972-y – ident: ref16 doi: 10.1007/s10551-013-1867-z – ident: ref13 doi: 10.1086/261155 – ident: ref12 |
SSID | ssj0021974 |
Score | 2.2411013 |
Snippet | This article provides a potential denouement of a rich debate about one of the most contentious ethical issues in economics: fractional reserve lending. It... |
SourceID | proquest crossref |
SourceType | Aggregation Database |
StartPage | 591 |
SubjectTerms | Bank reserves Banking Banking industry Business cycles Business ethics Debates Deposit accounts Ethical dilemmas International finance Loans Public policy Regulation of financial institutions Reserve requirements |
Title | New Evidence and Some Clarifications on the Ethical Implications of Hybrid Banking Contracts |
URI | https://www.proquest.com/docview/2919452328 |
Volume | 24 |
hasFullText | 1 |
inHoldings | 1 |
isFullTextHit | |
isPrint | |
link | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV07T8MwELagHWBBPEWhVB5gDI2TOLEnlKYJLWrTqk2hSEiR7TgDQx-0_H_sNOGxsGRxlOE7-e77LvcA4FZSznEucoMh4RoOJ9ignNoGkkIq_qwYSdEkNozd3sx5muN5mXDblGWVlU8sHHW2FDpH3raokttKNVnkYbU29NYo_Xe1XKGxD-oWsgmpgXonjMeTb8mFaDGHGempmbZnkl3puyId1Guv35m81yPW9MKP30Hpr08uAk10DI5Khgj9nUlPwJ5cnIKDqoF4cwbe4vAFhs_9rs4OQT_uwuloGMJg4E_6UdUYDEcxTHohDBOdVRvA_nA8-DmLYO9Vl9XAjh8r_f4Ig1GcTPwgmZ6DWRQmQc8olyQYAnnKWUlscqZ4hs0sLNTt80hOTZYJzIXjmUwySR3GeU6oZgK5Y7syy5Qo8iyeuYwI-wLUFsuFvARQvei6FKsPCOpIJKnNPUEQFsJRrBbnDXBXoZSudrMwUqUhCjRTjWa6Q7MBmhWEaXkjNumP_a7-P74Gh5auG0GWgXAT1LYfn_JGBf4tb5XWbRXCWT3DzuwLdOWm6g |
link.rule.ids | 314,780,784,864,21388,27924,27925,33744,43805,74302 |
linkProvider | ProQuest |
linkToHtml | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV27TsMwFLWgHcqCeIpCAQ8whsZJnMQTStuEFNK0alMeElJkO87A0Act_4-dJhQWZlsezpWvz7m-DwBuBGEM5zzXKOK2ZjEXa4QRU0OCC8mfJSMpisQGsR1OrcdX_FoG3FZlWmXlEwtHnc25ipG3DSLltlRNhnu_WGpqapT6XS1HaOyCuuqcjmug3vHj0fhHciFS9GFGqmum6ejuJvVdkg7itJcfVNypFmtq4MfvR-mvTy4emuAA7JcMEXobkx6CHTE7Ao2qgHh1DN5j_wX6z_2eig5BL-7ByXDgw27kjftBVRgMhzFMQh_6iYqqRbA_GEXbtQCGbyqtBna8WOr3B9gdxsnY6yaTEzAN_KQbauWQBI0jRzorgXVGJc8wqYG5vH2OmxOdZhwzbjk6FVQQizKWu0QxgdwybZFlUhQ5Bsts6nLzFNRm85k4A1ButG2C5QGcWAIJYjKHuwhzbklWi_MmuK1QShebXhip1BAFmqlCM92g2QStCsK0vBGrdGu_8_-Xr0EjTAZRGvXjpwuwZ6gcEmRoCLdAbf35JS4lCVizq9LS34Xgp-A |
linkToPdf | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV3JTsMwELWgSMAFsYqy-gDH0DiJk_iEQpvQQptWbcoiIUW24xw4dKHl_xmnCcuFs60cZuSZ9yZvZhC6UkwImsvc4ES6hiN8ajDBbIMoqQA_AyIpmsR6sdseOw8v9KXUPy1KWWUVE4tAnU2lrpE3LAZ0G1iT5TfyUhYxaEW3s7mhN0jpP63lOo11tAFZ0bRqaOMujAfDb_pFWDGTmegJmrZn-isZPAAQ5jXm71zd6HFrevnH7wT1Nz4XSSfaRTslWsTByr17aE1N9tFW1Uy8OEBvcfiMw6dOS1eKcBC38KjfC3GzGww7UdUkjPsxTtohDhNdYeviTm_Q_TmLcPtVS2zwXRADl7_HzX6cDINmMjpE4yhMmm2jXJhgSOJB4FLUFBwwh80tKuElen7OTJ5JKqTjmVxxxRwuRO4zjQpyx3ZVlgFB8iyRudyX9hGqTaYTdYwwXHRdRuEDkjmKKGYLT_qESukAwqV5HV1XVkpnq7kYKfCJwpqptma6smYdnVUmTMvXsUh_fHny__El2gQnp91O_HiKti0tJyGWQegZqi0_PtU54IGluCgd_QWN06wN |
openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=NEW+EVIDENCE+AND+SOME+CLARIFICATIONS+ON+THE+ETHICAL+IMPLICATIONS+OF+HYBRID+BANKING+CONTRACTS&rft.jtitle=Quarterly+journal+of+Austrian+economics&rft.au=Evans%2C+Anthony+J&rft.date=2021-12-15&rft.pub=Ludwig+von+Mises+Institute&rft.issn=1098-3708&rft.eissn=1936-4806&rft.volume=24&rft.issue=4&rft.spage=591&rft.epage=605&rft_id=info:doi/10.35297%2Fqjae.010118&rft.externalDBID=HAS_PDF_LINK |
thumbnail_l | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=1098-3708&client=summon |
thumbnail_m | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=1098-3708&client=summon |
thumbnail_s | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=1098-3708&client=summon |