Adam Smith's definition of justice as a moral virtue based on the "passion" of resentment in 'The Theory of Moral Sentiments' (1759), despite seeming contradictions, supports his analysis of an acquisitive, commercial society in 'The Wealth of Nations' (1774) partly by precluding the concept of a just price.
Pack, Spencer J., "Adam Smith on the Virtues: A Partial Resolution of the Adam Smith Problem" (1997). Economics Faculty Publications. 21.
The views expressed in this paper are solely those of the author.