Browsing Untitled By Tag : interest on money

Browsing By Tag "interest on money"

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A Word About Capital Punishment. [Liberty, August 30, 1890.] 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.(50 ¶ 1) If they are based on the principle that punishment inflicted by a compulsory institution which manufactures 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 o...


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 A Loan is a Service On the one hand, it is very true, as you have unquestionably established, that a loan is a service. And as every service has a value, and, in consequence, is entitled by its nature to a reward, it follows that a loan ought to have its price, or, to use the technical phrase, ought to bear interest. But it is also true, and this truth is consistent with the preceding one, that he who tends, under the ordinary conditions of the professional lender, does not deprive himself, as you phrase it, of the capital which be lends. He lends it, on the contrary, precisely bec... (From : Anarchy Archives.)

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