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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 -->
# Tonnage Bounty
## Definition
A subsidy paid to shipping operations based on the burden or carrying
capacity of vessels, rather than on actual productivity or success in the
fishing enterprise.
## Source Chapter
Book IV, Chapter 5
## Context
Smith criticizes tonnage bounties for encouraging inefficient use of capital,
as ship owners may focus on qualifying for subsidies rather than on actual
productive fishing activities.
## Economic Domain
Regulation
---