The Financial Bailout

4 Pages Posted: 6 Feb 2009

See all articles by Robert W. McGee

Robert W. McGee

Fayetteville State University - Department of Accounting

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

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

Robert W. McGee (Contact Author)

Fayetteville State University - Department of Accounting ( email )

Fayetteville, NC 28301
United States

HOME PAGE: http://robertwmcgee.com

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