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Economics

The Economics and Ethics of Moneylending

Defending Moneylending: The Intersection of Ethics and Economics

Craig Biddle's avatar
Craig Biddle
Sep 19, 2007
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In connection with Yaron Brook’s essay “The Morality of Moneylending,” Edward Glaeser’s NY Sun op-ed “Vilifying Lenders” is a hopeful sign. Glaeser makes some good points:

Not so long ago, banks were routinely vilified for not lending to the less fortunate. Over the past 15 years, a revolution in credit has made it possible for millions of less wealthy A…

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