Browsing By Tag "standard of value"
Anarchism and the State 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. Henry Appleton, one of Liberty's original editorial contributors, was obliged to cease to act in that capacity when he took a position not in harmony with that of the editor on a point of great importance, whereat he later complained, and tried to explain his view of the controversy. In answering him, Mr. Tucker dealt with some essential questions of principle: I do not admit anything except the existence of the individual, as a condition of his sovereignty. To say that the sovereignty of the individual is conditioned by Liberty is simply another way of saying that it is conditioned by itself. To condition it by the cost principle is...
Mr. Bilgram’s Rejoinder. [Liberty, April 19, 1890.] To the Editor of Liberty:(85 ¶ 1) My rejoinder on your remarks on my last communication, in your issue of February 15, was unavoidably delayed.(85 ¶ 2) Above all, I must admit an omission in my exposition, but, since it was on both sides of the question, the result remains unaffected. I had paid no attention to the labor involved in making loans. Including this admitted factor, my argument is this: The expenses of mutual banks may be divided into three categories,—i.e., risks, cost of making loans, and cost of making the tokens. These three items are r...