1. Adam Smith's Theory of the State
... successive generations, can a sleep a single night in security." Smith's third role for the Sovereign, the Expense of Public Works and institutions, is one of the more "controversial" in his theory of the state as he states that it is the duty of the government to build and maintain social necessities "which though they may be in the highest degree advantageous to a great society, are, however ... could never be run privately, such as embassies to help conduct foreign trade or roadways to make the transportation of goods and services possible (Zinn, p2). Smith also points to the educati...
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- Grade Level: Graduate