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A NEW BANKING SYSTEM THE NEEDFUL CAPITAL FOR REBUILDING THE BURNT DISTRICT By LYSADNER SPOONER. BOSTON: SOLD BY A. WILLIAMS & CO. 135 WASHINGTON SREET 1873 Entered according to Act of Congress, in the year 1873, By LYSANDER SPOONER, In the office of the Librarian of Congress, at Washington. Printed by WARREN RICHARDSON, 112 Washington St. C O N T E N T S. CHAPTER I. A New Banking System CHAPTER II. Specie Payments CHAPTER III. No Inflation Prices CHAPTER IV. Security of the System CHAPTER V. The System as a Credit System CHAPTER VI. Amount of Currency Needed CHAPTER VII. Importance of the System to Massachusetts, CHAPTER VIII. The True Character of the "National" System CHAPTER IX. Amasa Walker's Opinion of the Aut... (From : Anarchy Archives.)
This article, originally published in The Progressive, December 1991, pp. 18-21, appears in Anarchy Archives with the permission of the author. REFLECTIONS: Murray Bookchin Will Ecology Become 'the Dismal Science'? Almost a century and a half ago Thomas Carlyle described economics as "the dismal science." The term was to stick, especially as it applied to economics premised on a supposedly unavoidable conflict between "insatiable needs" and "scarce natural resources." In this economics, the limited bounty provided by a supposedly "stingy nature" doomed humanity to economic slumps, misery, civil strife, and hunger. Today, the term "dismal science" appropriately describes certain trends in the ecology movement-trends that seem to be riding on... (From : Anarchy Archives.)