To Business Men. To you, business men, I dedicate these new essays. You have always been the boldest, the most skillful revolutionaries. It was you who, from the third century of the Christian era, drew the winding-sheet over the Roman Empire in Gaul, by your municipal federations. Had it not been for the barbarians, whose coming suddenly changed the aspect of affairs, the republic which you established would have ruled the Middle Ages. Remember that the monarchy in our country is Frankish, not Gallic. It was you who later vanquished feudalism, arraying the town against the castle, the king against the vassals. Finally, it was you who, for eighty years past, have proclaimed, one after the other, all the revolutionary ideas—liberty of worship, liberty of the press, liberty of association, liberty of commerce and industry: it is you who, by your cleverly drawn constitutions, have curbed the altar and the throne, and established upon a permanent...
Contract Or Organism, What’s That To Us? [Liberty, July 30, 1887.] Some very interesting and valuable discussion is going on in the London Jus concerning the question of compulsory versus voluntary taxation. In the issue of June 17 there is a communication from F. W. Read, in which the following passage occurs:(4 ¶ 1) The voluntary taxation proposal really means the dissolution of the State into its constituent atoms, and leaving them to recombine in some way or no way, just as it may happen. There would be nothing to prevent the existence of five or six States in England, and members of all these States might be living in the same house! The prop...
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.)