Browsing Untitled By Tag : god-fearing

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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.)


No incident of recent years has served to bring out so much crude thinking among supposedly educated men as the now happily ended McNamara case. A wave of hysterical passion for law and order seems suddenly to have swept over the land, a passion which one would like to believe is entirely sincere and ready to carry itself through to logical conclusions. It looks a little too much like a sudden scare, a purely physical timidity on the part of the comfortable classes, to be quite convincing. The gallant and well-worn phrase, law and order, has been worked overtime to conceal a very real fear on the part of the dominant classes for their lives and property. The law and order which they reverence is one in which society minds its own business a... (From : fair-use.org.)

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