Necessity for a Standard of 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 the early 90's, the Galveston News had on its staff an exceptionally able and clear-thinking editorial writer. Liberty frequently reprinted his editorials. Concerning one on "The Functions of Money" Mr. Tucker wrote the following article for the News: I entirely sympathize with your disposal of the Evening Post's attempt to belittle the function of money as a medium of exchange; but do you go far enough when you content yourself with saying that a standard of value is highly desirable? Is it not absolutely necessary? Is money possible without it? If no standard is definitely adopted, and then if paper money is iss...
A Case Where Discussion Convinced. [Liberty, February 11, 1887.] One word as to boycotting itself. Jus was some weeks ago taken to task by the Boston Liberty for incorrectly defining the term. The line of distinction, says Liberty, does not run in the direction which Jus tries to give it. Its course does not lie between the second person and a third person, but between the threats of invasion and the threats of ostracism by which either the second or a third person is coerced or induced. All boycotting, no matter of what person, consists either in the utterance of a threat or its execution. A man has a right to threaten what he has a right to execute. The boundary-line of justifiable boycotting is fixed b...