CAPITALISM'S ACHILLES HEEL Dirty Money and How to

the principle of approbation.” The Theory of Moral Sentiments, part VII,
sec. III, introduction, paragraph 2.
13. Smith, The Theory of Moral Sentiments, part III, ch. 3, paragraph 4.
14. Ibid., part II, sec. II, ch. 3, paragraph 4.
15. Ibid., part I, sec. III, ch. 3, paragraph 1.
16. Ibid., part II, sec. II, ch. 3, paragraph 3.
17. Ibid., part I, sec. I, ch. 5, paragraph 5.
18. Smith, Wealth of Nations, bk. 4, ch. 1, paragraph 17.
19. Ibid., bk. 3, ch. 1, paragraph 1.
20. Ibid., bk. 1, ch. 6, paragraph 9.
21. Ibid., bk. 4, ch. 3, part II, paragraph 11.
22. Ibid., bk. 4, ch. 2, paragraph 12.
23. Ibid., bk. 1, ch. 7, paragraph 27.
24. Ibid., bk. 1, ch. 10, part II, paragraph 12.
25. Ibid., bk. 1, ch. 8, paragraph 36.
26. Ibid., bk. 5, ch. 2, part 1 of Taxes, paragraphs 4, 5.
27. Smith, The Theory of Moral Sentiments, part IV, ch. 1, paragraph 10.
28. Smith, Wealth of Nations, bk. 4, ch. 2, paragraph 9.
29. Emma Rothschild, Economic Sentiments: Adam Smith, Condorcet, and the
Enlightenment (Cambridge, MA: Harvard University Press, 2001), 136.
30. Joseph E. Stiglitz, The Roaring Nineties: A New History of the World’s
Most Prosperous Decade (New York: W.W. Norton, 2003), 14.
31. Ibid., 274.
32. Smith, Wealth of Nations, bk. 1, ch. 2, paragraph 1.
33. Ibid., bk. 1, ch. 2, paragraph 2.
34. Ibid., bk. 4, ch. 5b, paragraph 43.
35. Carl Menger, “Die Social-Theorien der classischen National-Oekonomie
und die moderne Wirthschaftspolitik,” in Kleinere Schriften zur Methode
und Geschichte der Volkswirtschaftslehre (London: London School of Economics,
1935), 223. Quoted in Rothschild, Economics Sentiments, 65.
CHAPTER 9 The Joys of Jeremy Bentham
Notes 419
1. Quoted in “A Biography of William Blackstone (1723–1780),”
http://odur.let.rug.nl/~usa/B/blackstone/blackstone.htm.
2. Jeremy Bentham, An Introduction to the Principles of Morals and Legislation,
ed. J. H. Burns and H.L.A. Hart (London: Athlone Press, 1970), 12.