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Valentin Petkantchin

Is The Wealth of Nations’ Third Duty of the Sovereign Compatible with Laissez Faire?

Journal of Libertarian Studies

Author: Valentin Petkantchin

Online Publish Date: July 30, 2014

In section 1 we will discuss the property rights aspect of public works in The Wealth of Nations. Section 2 will clarify the role of the sovereign in establishing private joint stock companies in order to collect the vast amounts of capital needed for the supply of public works, especially those supporting commerce. Finally, in section 3, the case

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