Banks, Insurance Companies, and Discrimination

Business and Society Review, Vol. 113, No. 3, pp. 403-419, September 2008

17 Pages Posted: 10 Sep 2010

See all articles by Walter Block

Walter Block

affiliation not provided to SSRN

Nicholas A. Snow

Wabash College - Economics

Edward Peter Stringham

Trinity College; American Institute for Economic Research

Date Written: 2008

Abstract

This article examines some of the reasons why banks and insurance companies have been accused of discrimination, and shows that this is by and large a false accusation. Economic analysis demonstrates that racial discrimination is not a profit-maximizing strategy. Actually, unwise public policies are actually precluding many consumers from the market.

Suggested Citation

Block, Walter and Snow, Nicholas A. and Stringham, Edward Peter, Banks, Insurance Companies, and Discrimination (2008). Business and Society Review, Vol. 113, No. 3, pp. 403-419, September 2008, Available at SSRN: https://ssrn.com/abstract=1674454

Walter Block

affiliation not provided to SSRN ( email )

Nicholas A. Snow

Wabash College - Economics ( email )

P.O. Box 352
Crawfordsville, IN 47933-0352
United States

Edward Peter Stringham (Contact Author)

Trinity College ( email )

Hartford, CT 06106
United States

American Institute for Economic Research ( email )

PO Box 1000
Great Barrington, MA 01230
United States

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