causal

Resentment of Hurtful Intent Grounds Property Rights

Adam Smith's proposition that hurtful actions from improper (intended) motives alone deserve punishment generates resentment, and these small-group rules of resentment-driven, proportional punishment are later carried over into civil law -- so law and property rights originate in cultural moral sentiments long before government codifies them.

causalpending

Speaker

Vernon Smith

Evidence Quote

Actions of a hurtful tendency which proceed from improper motives seem alone to deserve punishment... The law originates long before, in cultural groups, long before we have the civil law of government.

Source

Vernon Smith on Adam Smith and the Human EnterpriseEconTalk
Created: 6/13/2026, 12:22:45 AM

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