Browsing By Tag "economic interest"
Ideas that Have Harmed Mankind from "Unpopular Essays" by Bertrand Russell . The misfortunes of human beings may be divided into two classes: First, those inflicted by the non-human environment and, second, those inflicted by other people. As mankind have progressed in knowledge and technique, the second class has become a continually increasing percentage of the total. In old times, famine, for example, was due to natural causes, and although people did their best to combat it, large numbers of them died of starvation. At the present moment large parts of the world are faced with the threat of famine, but although natural causes have contributed to the situation, the principal causes are human. For six years the civilized nations of the wo... (From : http://www.geocities.com/Athens/Oracle/2528/br_ide....)
Government and Value 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. In a letter to the London Herald of Anarchy, Mr. J. Greevz Fisher asserts that "government does not, and never can, fix the value of gold or any other commodity," and cannot even affect such value except by the slight additional demand which it creates as a consumer. It is true that government cannot fix the value of a commodity, because its influence is but one of several factors that combine to govern value. But its power to affect value is out of all proportion to the extent of its consumption. Government's consumption of commodities is an almost infinitesimal influence upon value in comparison with its prohibitory power. One of the chief factors in the constitution of va...