That so long as no force or fraud is practised by either party, the parties themselves, to each separate contract, have the sole, absolute, and unqualified right to decide for themselves, what money, and how much of it, shall be considered a bona fide equivalent of the labor or property that is to be exchanged for it.
Lysander Spooner: “That so long as no force or fraud is practised by either party, the parties themselves, to each separate contract, have…”
Editor's note · Context
This statement asserts the right of individuals to determine the value of their exchanges without external coercion.
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In short, they acknowledge themselves hostes humani generis: enemies of the human race.
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