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Why Banks Are Unpopular

In: Money and the Economy: Central Bankers’ Views

Author

Listed:
  • Guido Carli

Abstract

We are going through a period in which the banking community has increasingly come to be regarded with hostility; this is certainly the case in my own country. Antipathy toward bankers has old roots: it is said of Schopenhauer that, on visiting the gallery where the portraits of the Fugger were hung and observing their images, he exclaimed: ‘When I look at your faces I have to admit that God is not with you.’ I propose to examine the reasons for the resentment which is felt toward bankers and banks in some countries.

Suggested Citation

  • Guido Carli, 1987. "Why Banks Are Unpopular," Palgrave Macmillan Books, in: Pierluigi Ciocca (ed.), Money and the Economy: Central Bankers’ Views, chapter 11, pages 215-230, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-07927-8_12
    DOI: 10.1007/978-1-349-07927-8_12
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