Is Money Ever Free?

What would you do if a cash machine gave you £100 instead of £10? The law states that you should give the excess funds back, but most of us probably wouldn’t. A recent story on the BBC website reported that cash machines in Melbourne, Australia were giving out more money that they were supposed to. This drew quite a crowd, with people forming queues to take advantage of what one witness described as “free money”. But what are the moral implications of taking money from banks, and why would most of us feel like it’s not really stealing.

Simon Rippon of the Oxford Uehiro Centre for Practical Ethics thinks that a person who takes money from a malfunctioning cash machine is often judged Continue reading “Is Money Ever Free?”

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