Trying to Be and Not to Be. [Liberty, June 9, 1888.] To the Editor of Liberty:(16 ¶ 1) I do not write this with the idea that you will publish it, for the tardiness with which you inserted my last question indicates that you do not care for any more of me in your paper. You are too good a reasoner to not know that, if it is proper to interfere to compel people to regard one social convention, it is not improper to force another, or all, providing there is any satisfaction in doing so. If there are no natural rights, there is no occasion for conscientious or other scruples, providing the power exists. Therefore, therei s no guarantee that there will be even as m...
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.)