Browsing Untitled By Tag : interest on money

Browsing By Tag "interest on money"

Not Logged In: Login?

Browsing : 1 to 2 of 2

Results Per Page :

1

A Spirit More Evil Than Alcohol. [Liberty, August 13, 1887.] The authority of learning, the tyranny of science, which Bakunin foresaw, deprecated, and denounced, never found blunter expression than in an article by T. B. Wakeman in the August number of the Freethinkers’ Magazine in which the writer endeavors to prove, on scientific grounds alone, that alcohol is an evil, a poison that ought never to be taken into the human system. My knowledge of chemistry and physiology is too limited to enable me to judge of the scientific soundness of the attempted demonstration; but I do know that it is admirably well written, wonderfully attractive, powerfully plausible, important if true, and therefore worthy of answer by those who alone are competent to answer it if it can be a...


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 A Loan is a Service On the one hand, it is very true, as you have unquestionably established, that a loan is a service. And as every service has a value, and, in consequence, is entitled by its nature to a reward, it follows that a loan ought to have its price, or, to use the technical phrase, ought to bear interest. But it is also true, and this truth is consistent with the preceding one, that he who tends, under the ordinary conditions of the professional lender, does not deprive himself, as you phrase it, of the capital which be lends. He lends it, on the contrary, precisely bec... (From : Anarchy Archives.)

1

Home|About|Contact|Privacy Policy