Browsing By Tag "rate of discount"
Anarchism and Capital Punishment 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. Since the execution of Kemmler, I have seen it stated repeatedly in the press, and especially in the reform press, and even in the Anarchistic press, that the execution was a murder. I have also seen it stated that Capital punishment is murder in its worst form. I should like to know upon what principle of human society these assertions are based and justified. If they are based on the principle that punishment inflicted by a compulsory institution which manufacturers the criminals is worse than the crime punished, I can understand them and in some degree sympathize with them. But in that case I cannot see why capital punishment should be singled out for emphatic and exception...
Relation of the State to the Individual.[2] [Liberty, November 15, 1890.] Ladies and Gentlemen:—Presumably the honor which you have done me in inviting me to address you to-day upon The Relation of the State to the Individual is due principally to the fact that circumstances have combined to make me somewhat conspicuous as an exponent of the theory of Modern Anarchism,—a theory which is coming to be more and more regarded as one of the few that are tenable as a basis of political and social life. In its name, then, I shall speak to you in discussing this question, which either underlies or closely touches almost every practical problem that confronts this generation. The future of the tariff, of taxation, of finance, of property, of...
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.)