The Position of William. [Liberty, October 13, 1888.] John Ruskin, in the first of his Fors Clavigera series of letters to British workmen, opened what he had to say about interest by picturing what he called the position of William. Bastiat, the French economist, had tried to show the nature of capital and interest by a little story, in which a carpenter named James made a plane in order to increase his productive power, but, having made it, was induced by a fellow-carpenter named William to lend it to him for a year in consideration of receiving a new plank at the end of that time besides a plank for the use of it. Having fulfilled these conditions at the end of the first year, William borrowed the plane again on the same terms at...
No Treason VI Lysander Spooner Table of Contents No Treason. No. VI.: The Constitution of No Authority. I. II. III. Iv V VI. VII. VIII. IX. X. XI. XII. XIII. XIV. XV. XVI. XVII. XVIII. XIX. Appendix. Entered according to Act of Congress, in the year 1870, By LYSANDER SPOONER, in the Clerk's Office of the District Court of the United States, for the District of Massachusetts. The first and second numbers of this series were published in 1867. For reasons not necessary to be explain... (From : Anarchy Archives.)