Edward Stanwood

Edward Stanwood, “Mr. Spooner’s Island Community,” The Radical Review, 578-581. MR. SPOONER’S ISLAND COMMUNITY. If one could only accept all of Mr. Lysander Spooner’s assumptions as true, his argument would be sound and his conclusions would follow. Unfortunately for him, his most material assumptions have no basis. Letus take his first case: one hundred men on a solitary island; each producing ten bushels of wheat, exactly enough for his own wants; each the possessor of coined money to the amount of what we call five dollars. It is true, wheat would have no price, though it would have a value. […]