Browsing By Tag "rate of discount"
Liberty and Organization 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. Thirty-five years ago the Personal Rights Journal of London, at that time edited by J. H. Levy, was a valiant champion of what was then known as Individualism. This latter was practically Anarchism, but that fact was not realized by Levy, Wordsworth Donisthorpe and other contributors to the columns of the Journal, which led to discussions between those gentlemen and the editor of Liberty concerning Anarchism and organization, taxation, etc. Mr. Tucker's remarks are here set forth: Names aside, the thing that Individualism favors is organization to maintain the widest liberty equally for all citizens. Well, that is precisely what Anarchism fav...
Preface Instead of a book! I hear the reader exclaim, as he picks up this volume and glances at its title; why, it is is a book. To all appearance, yes; essentially, no. It is, to be sure, an assemblage within a cover of printed sheets consecutively numbered; but this alone does not constitute a book. A book, properly speaking, is first of all a thing of unity and symmetry, of order and finish; it is a literary structure, each part of which is subordinated to the whole and created for it. To satisfy such a standard this volume does not pretend; it is not a structure, but an afterthought, a more or less coherent arrangement, each part of which was created almost without reference to any other. Yet not quite so, after all; otherwise even the smallest degree of coherence were scarcely possible.(Preface ¶ 1)...
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.)