v. 1. On the principles of political economy and taxation. --v. 2. Notes on Malthus

and Political Competition -- 2. Voluntary collective action -- 3. Factor income taxation in a

the market (K.J. Arrow). The theory of optimal taxation (J.A. Mirrlees). Positive second-best theory

-faire capitalism, nor of regressive taxation. On the contrary, Smith's views could be ambigious - he advocated many