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infospace: process book-4-chapter-05

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Extract entities, map to VSM, and synthesize analysis.
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Bernd Worsch
2026-02-19 21:47:52 +01:00
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
# Forestalling
## Definition
The practice of buying goods before they reach the market, particularly
corn, with the intent to resell at a higher price, historically prohibited
by law as a form of market manipulation.
## Source Chapter
Book IV, Chapter 5
## Context
Smith argues that forestalling prohibitions are misguided, as merchants who
buy early are often providing a valuable service by anticipating future
scarcity and helping to distribute goods more efficiently.
## Economic Domain
Exchange
---