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Adam Smith on Bankruptcy Law: “New” Law and Economics in the Glasgow Lectures?

Published online by Cambridge University Press:  11 June 2009

Francisco Cabrillo
Francisco Cabrillo
Affiliation:
Universidad Complutense (Madrid)
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Abstract

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Type
Contributed Papers
Information
Journal of the History of Economic Thought , Volume 8 , Issue 1 , Summer 1986 , pp. 40 - 41
Copyright
Copyright © Cambridge University Press 1986

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References

Footnotes

1 Becker, G.S., “Crime and Punishment: an Economic Approach.” Journal of Political Economy 1968. pp. 169–217.CrossRefGoogle Scholar

2 According to Smith, the source of punishment is not founded upon the regard of public utility, but upon the resentment of the victim. Smith, A.Lectures on Jurisprudence. Oxford: Clarendon Press 1978, p. 104 (Report of 1762–63) and p. 475Google Scholar

3 Smith, ibid. pp. 131–132

4 Smith, ibid. p. 483