In Wealth of Nations, Adam Smith argued for a market system beyond the mercantilism of the day.
Before Adam Smith, the world thought of the world economy as a fixed pie. Countries would fight for dominance on slices of the pie. As a result, Government controlled much of the market.
Adam Smith came in and argued in Wealth of Nations for a free market wherein individuals would work to further their own interests, allowing the markets to grow.
knowing they're kids but acknowledging their crime depending on how bad it was goes for their judgement to occur. Having more leeway because of their age.