Browsing Untitled By Tag : rate of discount

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Editor's Note and Foreword 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. PUBLISHER'S NOTE C.L.S., the editor and compiler of this book, has known Benjamin R. Tucker personally since 1891, having entered his employ at that time in the mechanical department of Liberty, Mr. Tucker's journal for the exposition of Individualist Anarchism. After that time and until the final suspension of publication of Liberty, C.L.S. contributed many articles to the columns of that periodical, both signed and unsigned, usually in the editorial department. For a considerable period he had complete editorial charge, during Mr. Tucker's absence. Thus the present work has been performed by one who has entire familiarity with Liberty's philosophy and who perhaps a...

The Right of Ownership. [Liberty, August 2, 1890.] To the Editor of Liberty:(37 ¶ 1) Will you permit me to ask you for the definition, from an Anarchistic standpoint, of the Right of Ownership? What do you mean to convey when you say that a certain thing belongs to a certain person?(37 ¶ 2) Before directing my attention to the study of the social question, I had a rather confused notion of the meaning of this term. Ownership appeared to me a kind of amalgamation of wealth with the individual. This conception could, of course, not be sustained in an analysis of the social question and the distribution of wealth. For some...


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.)

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