26 lines
632 B
Markdown
26 lines
632 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
|
|
|
|
# Policy Closure
|
|
|
|
# Definition
|
|
|
|
The definitive establishment of economic policies and institutional frameworks
|
|
that provide stability and predictability for economic actors while
|
|
preventing endless revision and uncertainty.
|
|
|
|
## Source Chapter
|
|
|
|
Book IV, Chapter 5
|
|
|
|
## Context
|
|
|
|
Smith discusses how temporary statutes and frequent policy changes create
|
|
uncertainty that undermines economic planning and investment, arguing for
|
|
more stable and predictable policy frameworks.
|
|
|
|
## Economic Domain
|
|
|
|
Regulation
|
|
|
|
---
|