...peace in promoting economic growth in Smith's view is contained in his declaration that "Little else is requisite to carry a state to the highest degree of...rest being brought about by the natural course of things."3 Also by maintaining a general state of confidence, a government encourages income earners...

...AND INTERNAL SAFETY Governments need to have both shepherds and butchers. — Voltaire Little else is requisite to carry a state to the highest degree of...from the lowest barbarism, but peace, easy taxes, and tolerable administration of justice. — Adam Smith The protection of the territory by means of an...

...interventionist state. Or as Dugald Stewart put it, summarising Adam Smith's position: 'Little else is required to carry a state to the highest degree of opulence...rest being brought about by the natural course of things'.1 In essence, the British state is believed to have created the correct background conditions...

...his analysis of the English trajectory with the comment by Adam Smith that "little else is required to carry a state to the highest degree of opulence...justice; all the rest being brought about by the natural order of things". Macfarlane then goes on to argue that between the thirteenth and the eighteenth centuries...

...began to form a theme central to all his subsequent work. He advanced the theory that: Little else is requisite to carry a state to the highest degree of...administration of justice; all the rest being brought by the natural course of things. All governments which thwart this natural course, which force things...

...public institutions and certain public works (1776: bk. 4, ch. 9). According to Smith, "little else is requisite to carry a state to the highest degree of...taxes, and a tolerable administration of justice." Smith was especially emphatic in criticizing any state allocation of investment: man or lawgiver can...

...pursuit of her ends, that she may establish her own designs." " Little else is requisite to carry a slate to the highest degree of opulence from the lowest...peace, easy taxes, and a tolerable administration of jostice; all the rest being brought about by the natural course of things. All governments which thwart...

...nicely captures Smith's confidence in the naturalness and universality of progress: "Little else is requisite to carry a state to the highest degree of...rest being brought about by the natural course of things."18 While the role of economic factors in the definition of each stage has led some scholars...

...Development theory then reduces to Adam Smith's famous and compelling dictum, that "Little else is requisite to carry a state to the highest degree of...taxes, and a tolerable administration of justice". 3 See Greif, Milgrom and Weingast (1994) for one of many possible examples. governed, and yet remain...

...the political preconditions of a functioning commercial state. He wrote in 1755: '[L]ittle else is requisite to carry a state to the highest degree of...peace, easy taxes and a tolerable administration of justice.'27 He followed Hume in rejecting a contractarian account of the origins of government. Political...