Browsing Untitled By Tag : free banking

Browsing By Tag "free banking"

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Capital, Profits and Interest 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 the study of the economic question, the first thing that must engage our attention is why the worker fails to get all of the product of his labor. Volumes have been written by economists of various schools in discussion of the problem, most of them muddling about in the mire of their own misconceptions. But the editor of Liberty went straight to the heart of the matter and quickly found the answer: Somebody gets the surplus wealth that labor produces and does not consume. Who is the Somebody? Such is the problem recently posited in the editorial columns of the New York Truth. Substantially the same question has been asked a great many times before, but,...

A Spirit More Evil Than Alcohol. [Liberty, August 13, 1887.] The authority of learning, the tyranny of science, which Bakunin foresaw, deprecated, and denounced, never found blunter expression than in an article by T. B. Wakeman in the August number of the Freethinkers’ Magazine in which the writer endeavors to prove, on scientific grounds alone, that alcohol is an evil, a poison that ought never to be taken into the human system. My knowledge of chemistry and physiology is too limited to enable me to judge of the scientific soundness of the attempted demonstration; but I do know that it is admirably well written, wonderfully attractive, powerfully plausible, important if true, and therefore worthy of answer by those who alone are competent to answer it if it can be a...

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