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https://d1y502jg6fpugt.cloudfront.net/17269/archive/files/17b98c6728bfdf555e824ca7c3d76401.pdf?Expires=1711584000&Signature=LZZ8DW8arFX-m2pAtY7mEyjqtHF7v8xhanSb9JQVCbVpwtmx67ua7oFafSiZP3usAT02cRaDkoO2aDYGlBO5m%7EK8g-g7bsDI1vsTvwxAMpsT1R0%7ETrF2tXZUvtzqw1Vgnf0--u4gLRfM4X4TcUcF%7EUuNbI9WmUagq5UXotiPHN1b%7Eb7SBrYqQiYVtJ8VG4gO8IPC31130g%7EzbD6xv7kbVk04kjh9XVlY0l522-8MQOCLJKB7vfSUpooicw-LqtG78WFUbxZ74GfVPH8GAYAkCsmgB97n3RGAA8RXmK8DRASUU-OKPnLROIAjfduooGiorRLWXPYrdUjxuiuSTHxdQQ__&Key-Pair-Id=K6UGZS9ZTDSZM
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Dublin Core
The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.
Title
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Senior Showcase 2019
Description
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Oral and poster presentations from Senior Showcase held on April 23, 2019 at Ripon College.
Publisher
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Ripon College Lane Library
Date
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April 23, 2019
Contributor
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Ripon College Seniors 2019
Text
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Dublin Core
The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.
Title
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Comparison of Usury/Interest and Asymmetric Information by Jacob Diny
Subject
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Economics
Description
An account of the resource
The paper compares Adam Smith’s philosophy of Usury to the modern theory of usury and critiques the theory Adam Smith presents. After the comparison, there is discussion about how Adam Smith wanted to regulate usury or interest rates. I then present how asymmetric information played a role the 2008 financial crisis and give a brief overview on some of the causes of the “Great Recession” based on published literature. I then take Adam Smith’s theory on usury and describe how Adam Smith would have reacted to the 2008 crisis and the causes leading up to it. Adam Smith would have argued against the deregulation because Smith believed in only lending to the “sober people”, people who have proven themselves in business already.
Creator
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Diny, Jacob
Source
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Senior Showcase Oral presentation
Publisher
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Ripon College
Date
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April 23, 2019
Rights
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The author reserves all rights.
Format
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pdf
Identifier
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Major: Economic and Business Management
Greenleaf, Wisconsin
ECO 380 History of Economic Thought
2008 financial crisis
Adam Smith
Asymmetric Information
Economics
usury