The Boycott and its Limit. [Liberty, December 3, 1887.] London Jus does not see clearly in the matter of boycotting. Every man, it says, has a perfect right to refuse to hold intercourse with any other man or class from whom he chooses to keep aloof. But where does liberty come in when several persons conspire together to put pressure upon another to induce or coerce him (by threats expressed or implied) to refrain also from intercourse with the boycotted man? It is not that the boycotted man has grounds of legal complaint against those who voluntarily put him in coventry. His complaint is against those who compel (under whatsoever sanction) third persons to do likewise. Surely the distinction is specific. Specific, yes, but not rational. The line of real distinction...
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.)