782 B
782 B
Country Gentlemen Versus Merchants
Definition
The contrasting economic interests and political influences of agricultural landowners (country gentlemen) and commercial merchants in shaping trade policy. Smith argues that country gentlemen are generally less prone to monopolistic thinking than merchants.
Source Chapter
Book IV, Chapter 2
Context
Smith contrasts the economic perspectives of country gentlemen and merchants, arguing that while both groups seek protection for their interests, country gentlemen are generally more public-spirited and less likely to support harmful monopolistic policies.
Economic Domain
Regulation