books of the month join us on facebook
Search our site
Out of the Blue by Sophie Cameron Read the opening extract of the brand new Sophie Cameron book before its publication on 22/03/2018

The Ethics of Banking Conclusions from the Financial Crisis by Peter Koslowski

The Ethics of Banking Conclusions from the Financial Crisis

Part of the Issues in Business Ethics Series


The Ethics of Banking Conclusions from the Financial Crisis by Peter Koslowski

The Ethics of Banking analyzes the systemic and the ethical mistakes that led to the crisis. It keeps the middle ground between excusing all failures by the argument of a systemic crisis not to be taken responsibility for by the financial managers and the moralistic reproach that only moral failure is at the origin of the crisis. It investigates the role of speculation in the formation of the crisis and distinguishes between productive speculation for hedging and for securing market liquidity on the one hand, and unproductive and even detrimental hyper-speculation going far beyond of the degree of speculation that is necessary in a developed economy for the liquidity of financial markets, on the other hand. Hyper-speculation has increased the risks of the financial system and is still doing so.

About the Author

Loading other formats...

Book Info

Publication date

24th July 2012


Peter Koslowski

More books by Peter Koslowski
Author 'Like for Like'




214 pages


Business ethics & social responsibility



Lovereading is pitched at just the right level for all the various types of people who enjoy reading in its many forms.

Pam Woodburn

The books for review are always great reads, brilliantly written, and introduces me to a huge variety of, established and new, authors.

Lesley Hart

Lovereading is a world of books. It has everything you need from new to old and much loved classic books. It even give you recommendations!

Kate Thurston

Lovereading are lovely people who send me lovely books. What's not to love?

Gavin Dimmock

Lovereading is like booking a holiday, you don't know what it will be like and it is a whole new experience.

Sue Burton

Lovereading has given me the opportunity to delve into new and exciting worlds of authors who I would never have tried before.

Glynis Elliott

Hooked on books? Give Lovereading a go - for the chance to discover brilliant books, and to see why our members love it so.

Claire Hill

Love Reading - it not only does what it says on the tin, it does it with Jam on!!

Maz Tucker