Government and Value 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. In a letter to the London Herald of Anarchy, Mr. J. Greevz Fisher asserts that "government does not, and never can, fix the value of gold or any other commodity," and cannot even affect such value except by the slight additional demand which it creates as a consumer. It is true that government cannot fix the value of a commodity, because its influence is but one of several factors that combine to govern value. But its power to affect value is out of all proportion to the extent of its consumption. Government's consumption of commodities is an almost infinitesimal influence upon value in comparison with its prohibitory power. One of the chief factors in the constitution of va...
Tu-Whit! Tu-Whoo! [Liberty, October 24, 1885.] To the editor of Liberty:(12 ¶ 1) Will you give direct and explicit answers to the following questions?(12 ¶ 2) I certainly will, wherever the questions are direct and explicit.(12 ¶ 3) Does Anarchism recognize the right of one individual or any number of individuals to determine what course of action is just or unjust for others?(12 ¶ 4) Yes, if by the word unjust is meant invasive; otherwise, no. Anarchis...