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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 -->
# Ordinary Profits of Stock
## Definition
The normal rate of return that capital can expect to earn in a particular
trade or industry under competitive market conditions, serving as a benchmark
for evaluating investment opportunities.
## Source Chapter
Book IV, Chapter 5
## Context
Smith uses ordinary profits as a standard for determining whether bounties
are necessary, arguing that trades earning ordinary profits don't require
subsidies, while those earning below this rate may indicate fundamental
unprofitability.
## Economic Domain
Distribution
---