Adam Smith and the Philosophy of Law and Economics
Adam Smith and the Philosophy of Law and Economics is a unique book. Malloy and Evensky bring together a team of international and interdisciplinary scholars to address the work of Adam Smith as it relates to law and economics. In addition to their own co
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Law and Philosophy Library VOLUME 20
Managing Editors ALAN MABE, Department of Philosophy, Florida State University, Tallahassee, Florida 32306, U.S.A.
AULIS AARNIO, Research Institutefor Social Sciences, University ofTampere, Box 607, SF 33101 Tampere, Finland CONRAD D. JOHNSONt, Department of Philosophy, University of Maryland, College Park, Maryland 20742-7615, US.A.
Editorial Advisory Board ROBERT ALEXY, Lehrstuhlfor Offentliches Recht und Rechtsphilosophie, Christian Albrechts-Universitiit, Kiel
GEORGE P. FLETCHER, School of Law, Columbia University ERNESTO GARZrn VALDES, Institutfor Politikwissenschaft, Johannes Gutenberg Universitiit Mainz JOHN KLEINIG, Department of Law, Police Science and Criminal Justice Administration, John Jay College of Criminal Justice, City University of New York NICOLA LACEY, New College, Oxford University NEIL MacCORMICK, Centre for Criminology and the Social and Philosophical Study of Law, Faculty of Law, University of Edinburgh ALEKSANDER PECZENIK, Juridiska Institutionen, University of Lund NIGEL SIMMONDS, Corpus Christi College, Cambridge University ROBERT S. SUMMERS, School of Law, Cornell University ALICE ERH-SOON TAY, Faculty of Law, University of Sydney ERNEST 1. WEINRIB, Faculty of Law, University of Toronto CARL WELLMAN, Department of Philosophy, Washington University
The titles published in this series are listed at the end of this volume.
ADAM SMITH AND THE PHILOSOPHY OFLAW AND ECONOMICS Edited by
ROBIN PAUL MALLOY College of Law, Syracuse University, New York, U.SA and
JERRY EVENSKY Department of Economics, Syracuse Univeristy, New York, U.SA
SPRINGER SCIENCE+BUSINESS MEDIA, B.V.
Library of Congress Cataloging-in-Publication Data Adam Smith and the philasaphy of law and ecanamics I edited by Rabin Paul Mallpy and Jerry Evensky. cm. -- (Law and phi lasaphy 1 ibrary ; v. 20) p. Includes index. ISBN 978-0-7923-3425-5 ISBN 978-94-011-0748-8 (eBook) DOI 10.1007/978-94-011-0748-8
1. Smith. Adam, 1723-1790--Views an law. 2. Law--Ecanamic aspects. 3. Econamics--Philasaphy. 1. Mallay, Rabin Paul, 1956II. Evensky, Jerry, 1948III. Series. K487.E3Z93 1994 340'.1--dc20 94-9710
ISBN 978-0-7923-3425-5
Printed on acid-free paper
AH Rights Reserved © 1995 Springer Science+Business Media Dordrecht Originally published by Kluwer Academic Publishers in 1995 No part of the material protected by this copyright notice may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the copyright owner.
To Margaret and Gina for their support and understanding.
RPM
To my parents, Herbert and Sylvia Evensky, with appreciation and love. JME
VII
TABLE OF CONTENTS Preface
IX
ROBIN PAUL MALLOY / Introduction to the Volume
1
JERRY EVENSKY / Setting the Scene: Adam Smith's Moral Philosophy
7
JOHN W. CAIRNS / Adam Smith and the Role of the Courts in Securing Justice and Liberty
31
J. RALPH LINDGREN / Adam Smith's Treatment of Criminal
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