Should Peer-to-Peer Lenders Exist in Theory?

Should peer to peer lenders exist in theory? John Lewis Bank Underground, 08 JUNE 2018         Walter Heller famously said that an economist is someone who sees something in practice and wonders if it would work in theory.  Economic theory says banks exist because they channel loanable funds more efficiently than individual savers and … Continue reading Should Peer-to-Peer Lenders Exist in Theory?