1. 1 Adam Smith, “Book IV, Chapter II,” in The Wealth of Nations (New York: Bantam
2. Classics, 1776/2003), paragraph IX.
3. 2 Martin Hollis, “Education as a Positional Good,” Journal of Philosophy of Education
4. 16, no. 2 (1982): 235–244.
5. 3 Adam Smith, Theory of Moral Sentiments (London: Penguin, 1759/2009).