The Financial Bailout
4 Pages Posted: 6 Feb 2009
Date Written: February 6, 2009
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