26 lines
663 B
Markdown
26 lines
663 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
|
|
|
|
# Economic Identity
|
|
|
|
# Definition
|
|
|
|
The distinctive character and purpose of an economic system, shaped by its
|
|
core values, institutional arrangements, and the philosophical principles
|
|
that guide its development and operation.
|
|
|
|
## Source Chapter
|
|
|
|
Book IV, Chapter 5
|
|
|
|
## Context
|
|
|
|
Smith contrasts the economic identity of free market systems with that of
|
|
mercantilist systems, arguing that the former better serves the genuine
|
|
interests of society while the latter serves narrow commercial interests.
|
|
|
|
## Economic Domain
|
|
|
|
General Theory
|
|
|
|
---
|