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Full-Text Articles in Law
Smart Money For The People: Using Financial Innovation And Technology To Promote Esg, Frank Emmert
Smart Money For The People: Using Financial Innovation And Technology To Promote Esg, Frank Emmert
Duke Law & Technology Review
Traditional fiat currencies managed by governments and central banks have had negative impacts on environmental, social, and governance (ESG) goals. Central banks in mature democracies pursue policies that prioritize economic growth and high employment. However, these policies often lead to inflation, eroding the savings and pension funds of average citizens and encouraging risky behavior by banks and entrepreneurs. The pursuit of endless growth is socially and environmentally unsustainable. Leaders in developing countries and dictatorships use expansive monetary policy to maintain their positions, further exacerbating the situation. Convertible fiat currencies moving across borders in untraceable transactions evade regulation and taxation, with …
The Frontiers Of Peer-To-Peer Lending: Thinking About A New Regulatory Approach, William S. Warren
The Frontiers Of Peer-To-Peer Lending: Thinking About A New Regulatory Approach, William S. Warren
Duke Law & Technology Review
The growth of online alternative lending presents several advantages for both those seeking credit and those with excess capital to lend. Over the past decade, several different models of peer-to-peer lending have emerged in the US and U.K. Each of these models has developed in response to the different regulatory system it faces, which has led to the models’ different risk and reward profiles. However, the current regulatory framework for regulating peer-to-peer lending, especially in the U.S., leaves much to be desired. The inadequate regulatory regime not only hampers the potential for growth and further innovation in the industry, but …