Freedom in Finance: The Importance of Epistemic Virtues and Interlucent Communication

Boudewijn de Bruin, Richard Endörfer

OnderzoeksoutputAcademicpeer review

Samenvatting

This chapter addresses the issue of how the desired increase in understanding of a complex product might be brought about, considering the regulation of information, epistemic virtues, and interlucent communication. Freedom has value due to its contributions to the satisfaction of desire and the enabling of increased responsibility. The lender, on the contrary, may have private information about price movements of similar houses that they financed before, or it may be much less costly for the lender to obtain the information from other sources. Finance is one of the main sources of information about the availability of a range of choices such as insurance policies, retirement plans, mortgages, and so on. Financial literacy education focuses on teaching consumers a range of core concepts including personal finance, information about national legal frameworks, budgeting, and so on. Establishing common knowledge is not the responsibility of the finance industry only.
Originele taal-2English
TitelBusiness Ethics after the Global Financial Crisis
SubtitelLessons from the Crash
RedacteurenChristopher Cowton, James Dempsey, Tom Sorell
Plaats van productieNew York
UitgeverijRoutledge
Hoofdstuk6
Pagina's104-130
Aantal pagina's27
ISBN van elektronische versie9780429447839
ISBN van geprinte versie9781138330504
DOI's
StatusPublished - 2019

Publicatie series

NaamRoutledge Studies in Business Ethics

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