Political Theory

Smith and Humboldt on the Scope of Government

ABSTRACT

Through a comparison between Adam Smith's Wealth of Nations and Wilhelm von Humboldt's The Limits of State Action, this conference explored the justifications for governmental intervention in a free society, as well as potential dangers to individual liberty resulting from various governmental interventions.

READING LIST

From Liberty Fund

An Inquiry into the Nature and Causes of the Wealth of Nations (vol. 1)

by By Adam Smith
Edited by R. H. Campbell and A. S. Skinner
William B. Todd, Textual Editor

First published in 1776, the year in which the American Revolution officially began, Smith’s Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that…

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An Inquiry into the Nature and Causes of the Wealth of Nations (vol. 2)

by By Adam Smith
Edited by R. H. Campbell and A. S. Skinner
William B. Todd, Textual Editor

First published in 1776, the year in which the American Revolution officially began, Smith’s Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that…

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Lectures on Jurisprudence

by By Adam Smith
Edited by R. L. Meek, D. D. Raphael, and P. G. Stein

Smith’s Lectures on Jurisprudence, originally delivered at the University of Glasgow in 1762–1763, presents his “theory of the rules by which civil government ought to be directed.” The chief purpose of government, according to Smith, is to preserve justice; and “the object of justice is security from injury.” The state…

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Additional Readings

Humboldt, Wilhelm von. The Limits of State Action. Edited by J. W. Burrow. Indianapolis: Liberty Fund, Inc., 1993.