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Full-Text Articles in Law

Is Fractional Reserve Banking Necessarily Immoral?, Ryan T. Beach, Jeffrey E. Haymond Apr 2014

Is Fractional Reserve Banking Necessarily Immoral?, Ryan T. Beach, Jeffrey E. Haymond

The Research and Scholarship Symposium (2013-2019)

When Deposits are made to a bank, the bank can loan out most of it, while claiming they have the money to pay you back. When you deposit money in a bank, only a fraction of it stays on deposit; the rest is loaned out. When the person receives the loan spends it, money goes to another bank, repeating the process. Ultimately, if the central bank puts $100 of reserves into the FRB system, $1000 of money could enter the economy.


Restorative Justice In Post-Conflict Areas, Nancy Montgomery, Hillary Hook, Hilary Murphy Apr 2014

Restorative Justice In Post-Conflict Areas, Nancy Montgomery, Hillary Hook, Hilary Murphy

The Research and Scholarship Symposium (2013-2019)

This presentation sought to review the literature in regards to understanding international restorative justice efforts in conflict prone areas. After outlining a definition of restorative justice we explored its implementation in three different countries. First, we examined the historic precedence of indigenous sentencing courts in Australia. Second, we looked at current measures in Northern Ireland and their effectiveness. Third, we offered a predictive outline for the potential work in South Sudan. These case studies showed the past, present and future of restorative justice. With this knowledge we hoped that people would better understand the efficacy of restorative justice and recognize …