Earlier quoted context omitted.
Yes Smith was great. Why is inheritance moral? One person gets something for free, the other works and has to pay tax?
Someone's working in both cases. In the case of inheritance it's the person who gave the money in their will. That person also already paid tax when they earned the money in the first place. If anything I think we should encourage rich people to give their money away (even if only to their children) since wealth consumed by a broader number of people leads to more happiness than if it's all consumed by one person. It…
I don't understand how you reach this conclusion. If the original owner spends all of it it enters a whole lot of more peoples pockets than his kids.