Browsing Untitled By Tag : rate of discount

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Voluntary Cooperation a Remedy 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. Mr. Wordsworth Donisthorpe, of London, wrote a lengthy plaint in Liberty, setting forth his woes as a citizen beset with various difficulties. He wished to be informed if Anarchism could free him from those woes, whereupon Mr. Tucker tried to lead him to the light: The Anarchists never have claimed that liberty will bring perfection; they simply say that its results are vastly preferable to those that follow authority. Under liberty Mr. Donisthorpe may have to listen for some minutes every day to the barrel-organ (though I really think that it will never lodge him in the mad-house), but at least he will have the privilege of going to the music-hall...

Our Purpose.[3] [Liberty, August 6, 1881.] Liberty enters the field of journalism to speak for herself because she finds no one willing to speak for her. She hears no voice that always champions her; she knows no pen that always writes in her defense; she sees no hand that is always lifted to avenge her wrongs or vindicate her rights. Many claim to speak in her name, but few really understand her. Still fewer have the courage and the opportunity to consistently fight for her. Her battle, then, is her own to wage and win. She accepts it fearlessly and with a determined spirit.(3 ¶ 1) Her foe, Authority, takes many shapes, but, broadly speaking, her enemies divide themselves into three classes:...


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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