626 B
626 B
Inland Corn Dealer
Definition
A merchant who buys corn from farmers and sells it to consumers within the same country, performing the essential function of distributing grain from areas of surplus to areas of scarcity.
Source Chapter
Book IV, Chapter 5
Context
Smith defends the inland corn dealer's role in the market, arguing that their interests align with the public good and that restrictions on their trade only harm the people they serve.
Economic Domain
Distribution