This book, first published in 1987, is an attempt to explain Adam Smith’s theory of property. The author examines Smith’s theory in the context of The Wealth of Nations, and explores what Smith said, what he really meant, and what can be logically deduced from it. This title will be of interest to students of economic thought.

1. Introduction 2. Property during Adam Smith’s Lifetime: A Brief Survey 3. The Influence of John Locke on Adam Smith’s Theory of Property 4. Property in Adam Smith’s System of Moral Philosophy 5. Origin of Property: Conjecture or History 6. Alienation of Property: The Market 7. Alienation of Property: The Effect upon Individuals 8. Existing Government: Theory and Practice 9. Future Property Relations: Prescriptions and Projections 10. Objectives of Government 11. Conclusion; Appendices; Bibliography