Various Money Schemes Excerpted from the book; Individual Liberty: Selections From the Writings of Benjamin R. Tucker Vanguard Press, New York, 1926 Kraus Reprint Co., Millwood, NY, 1973. The Greenbackers were always a fair target for Liberty's shafts of satire and ridicule, but there were many other money schemes, both fiat and other, that drew its fire - and not infrequently its commendation. Several of these are here subjected to analysis and criticism by Liberty's editor: The persistent way in which Greenbackers dodge argument on the money question is very tiresome to a reasoning mortal. Let an Anarchist give a Greenbacker his idea of a good currency in the issue of which no government has any part, and it is ten to one that he will answer: "Oh, that's not money. It isn't legal tender. Money is that thing which the supreme law of the l...
A Defense of Capital. [Liberty, October 1, 1881.] My Dear Mr. Tucker:(55 ¶ 1) Why do you grieve at a difference of opinion between us? Am I to be bribed to agree with a valued friend by the fear that he will grieve if I do not? Liberty, I should say, imposes no such burden on freedom of thought, but rather rejoices in its fullest exercise.(55 ¶ 2) I did not know that the no-profit theory had become so well established, or so generally accepted, as to render ridiculous any proposition not based upon it.(55 ¶ 3) Yet that is the only point I understand you to...