In every revolutionary history three things are to be observed: The preceding state of affairs, which the revolution aims at overthrowing, and which becomes counter-revolution through its desire to maintain its existence. The various parties which take different views of the revolution, according to their prejudices and interests, yet are compelled to embrace it and to use it for their advantage. The revolution itself, which constitutes the solution. The parliamentary, philosophical, and dramatic history of the Revolution of 1848 can already furnish material for volumes. I shall confine myself to discussing disinterestedly certain questions which may illuminate our present knowledge. What I shall say will suffice, I hope, to explain the progress of the Revolution of the Nineteenth Century, and to enable us to conjecture its future. This is not a statement of facts: it is a speculative plan, an intellectual picture of the Revolution.
In Form a Reply, in Reality a Surrender. [Liberty, September 10, 1887.] Appreciating the necessity of at least seeming to meet the indisputable fact which I opposed to its championship of government postal monopoly, the Winsted Press presents the following ghost of an answer, which may be as convincing to the victims of political superstition as most materializations are to the victims of religious superstition, but which, like those materializations, is so imperceptible to the touch of the hard-headed investigator that, when he puts his hand upon it, he does not find it there.(34 ¶ 1) The single instance of Wells, Fargo & Co., cited by B. R. Tucker to prove the advan...
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.)