Browsing Untitled By Tag : free banking

Browsing By Tag "free banking"

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Economic Rent 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. Steven T. Byington, who at that time was a supporter of the Single Tax, asked the editor of Liberty to explain some phases of economic rent, especially as to the hope for its disappearance under Anarchism. Mr. Tucker gave him this answer: Liberty has never stood with those who profess to show on strictly economic grounds that economic rent must disappear or even decrease as a result of the application of the Anarchistic principle. It sees no chance for that factor in the human constitution which makes competition such a powerful influence - namely, the disposition to buy in the cheapest market - to act directly upon economic rent in a way to redu...

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)...

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