Normativity and Naturalism (Practical Philosophy)

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Language: English

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And he argued for fixing the rate of interest at a relatively low level (just above the prime market rate) in order to prevent imprudent “prodigals” (sub-prime borrowers) and “projectors” (speculators with crazy South Sea Bubble type schemes) from getting access to credit and thus diverting it from prudent investment and putting the financial system at risk. Moral evaluation of an action presupposes the attribution of responsibility to a human agent.

Pages: 250

Publisher: Walter De Gruyter Inc (July 15, 2004)

ISBN: 3110327368

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