That the free and open market, in which all honest money and all honest commodities are free to be given and received in exchange for each other, is the true, final, absolute, and only test of the true and natural market value of all money, as of all the other commodities that are bought and sold for money.
Spooner believes that a truly free market is the only accurate measure of the value of money and commodities.
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More from Lysander Spooner
And he can rightfully be held to no greater knowledge of the law than this.
What else than ignorance of the law is it that excuses persons under the years of discretion, and men of imbecile minds?
One answer is, that this power, which juries have of judging of the law, is not a power of absolute decision in all cases.
Therefore all their laws, as they call them,--that is, all the laws of their own making,--have no color of authority or obligation.