Browsing Untitled By Tag : rate of discount

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Resistance to Government 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 1888 Mr. John Beverley Robinson (who just before his death in 1923 translated Proudhon's "General Idea of the Revolution in the Nineteenth Century," published by Freedom Press, London) entered into a discussion with the editor of Liberty on the question of nonresistance, which enabled Mr. Tucker to make clear the attitude of Anarchism toward aggression and in its manner of treating aggressors: Mr. Robinson says that the essence of government is compulsion by violence. If it is, then of course Anarchists, always opposing government, must always oppose violence. But Anarchists do not so define government. To them the essence of government is invasio...

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...


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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