Browsing Untitled By Tag : interest on money

Browsing By Tag "interest on money"

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Children Under Anarchy. [Liberty, September 3, 1892.] Nearly the whole of this issue of Liberty is devoted to the important question of the status of the child under Anarchy. The long article by Clara Dixon Davidson has been in my desk, unopened, for several months. On examining it the other day, I was surprised and delighted to find that a woman had written such a bold, unprejudiced, unsentimental, and altogether rational essay on a subject which women are especially prone to treat emotionally. I am even shamed a little by the unhesitating way in which she eliminates from the problem the fancied right of the child to life. My own difficulties, I fear, have been largely due to a lingering trace of this superstition. The fact is that the child, like the adult, has no right t...


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.)

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