The Financial Bailout
4 Pages Posted: 6 Feb 2009
Date Written: February 6, 2009
Abstract
This paper analyzes the financial bailout in the USA from the perspectives of utilitarian ethics and property rights. The article concludes that bailouts cannot be justified on ethical grounds.
Keywords: bailout, stimulus, ethics, financial crisis, Keynes, Bastiat
JEL Classification: M4, E22, G18, G2, H11, H5, H6, B12, B19, B31, B41, D2, D3, D6, D72, E12, E13
Suggested Citation: Suggested Citation
McGee, Robert W., The Financial Bailout (February 6, 2009). Available at SSRN: https://ssrn.com/abstract=1338622 or http://dx.doi.org/10.2139/ssrn.1338622
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN