The Abolition of 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. To-day, a weekly newspaper published in Boston in 1890, printed an editorial on the subject of interest which contained so many vulnerable points that the editor of Liberty was moved to criticize it. After pointing out the errors and fallacies in the editorial, he proceeded: The modern opponents of interest are perfectly willing to consider facts tending to refute their position, but no facts can have such a tendency unless they belong to one of two classes: first, facts showing that interest has generally (not sporadically) existed in a community in whose economy money was as important a factor as it is with us today and in whose laws there was no restriction...
or An Essay on the Right of Authors and Inventors to a Perpetual Property in their IdeasPART I THE LAW OF INTELLECTUAL PROPERTY. CHAPTER I. THE LAW OF NATURE IN REGARD TO INTELLECTUAL PROPERTY. SECTION I. The Right of Property in Ideas to be proved by Analogy. In order to understand the law of nature in regard to intellectual property, it is necessary to understand the principles of that law in regard to property in general. We shall then see that the right of property in ideas, is at least as strong as—and in many cases identical with—the right of property in material things. To understand the law of nature, relative to property in general, it is necessary, in the first place, that we understand the distinction between wealth and property; and, in the second place, that we understand how and when wealth becomes property. We shall therefore consider:1.What is Wealth...