Browsing Untitled By Tag : rate of discount

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Editor's Note and Foreword 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. PUBLISHER'S NOTE C.L.S., the editor and compiler of this book, has known Benjamin R. Tucker personally since 1891, having entered his employ at that time in the mechanical department of Liberty, Mr. Tucker's journal for the exposition of Individualist Anarchism. After that time and until the final suspension of publication of Liberty, C.L.S. contributed many articles to the columns of that periodical, both signed and unsigned, usually in the editorial department. For a considerable period he had complete editorial charge, during Mr. Tucker's absence. Thus the present work has been performed by one who has entire familiarity with Liberty's philosophy and who perhaps a...

A Plea for Non-Resistance [Liberty, February 11, 1888.] To the Editor of Liberty:(18 ¶ 1) I must take exception to the teaching that the infliction of injury upon aggressors is compatible with the principle of equal liberty to all.(18 ¶ 2) First, with an argument which is no argument, yet which has its force to those who have observed the growth of new ideas in their own minds: how there comes first a revulsion against what is, then strong sentiment in favor of the opposite, and last only, and often not then until long after, perhaps never, comes the possibility of rational justification of the sentiment.(18 ¶ 3)...


These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)

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