Projects for Riot in Bentham’s Defense of Usury and Smith’s Wealth of Nations

This essay argues that Jeremy Bentham’s experience of the 1780 Gordon Riots and 1787 sojourn to White Russia inspired his conception of several projects for managing unruly populations. Bentham’s devotion to speculative enterprise informs his Defence of Usury, which vindicates schemers and dreamers from the criticism of Adam Smith, whose Wealth of Nations caricatured projectors as “riotous” con-artists who threatened domestic peace. Bentham’s Defence, I show, resuscitated early modern debates over the efficacy of free-lance enterprise to authorize his own efforts to improve society. A projector and theorist of projection, Bentham reveals how residents of the late eighteenth century described riot so that they could suppress it.