ADAM SMITH ON PUBLIC PROVISION OF EDUCATION
James R. Otteson
Journal of the History of Economic Thought, 2023, vol. 45, issue 2, 229-248
Abstract:
Most Adam Smith scholars hold that Smith endorsed public provision of education to offset deleterious consequences arising from the division of labor. Smith’s putative endorsement of publicly funded education is taken by some scholars as evidence that he tends more toward progressive than classical liberalism, or that this is a departure from, perhaps an inconsistency with, Smith’s otherwise strong presumption against government intervention in markets. This paper argues that these interpretations are flawed because Smith ultimately does not advocate public provision of education. He raises the idea and explores its potential benefits, but he ultimately does not endorse it. Smith also provides reason to be skeptical of public provision of education, which suggests that his final position may have inclined against it.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jhisec:v:45:y:2023:i:2:p:229-248_19
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