26 lines
609 B
Markdown
26 lines
609 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
|
|
|
|
# Strategic Planning
|
|
|
|
# Definition
|
|
|
|
The process of developing long-term economic policies and institutional
|
|
arrangements that anticipate future conditions and align current actions
|
|
with desired long-term outcomes.
|
|
|
|
## Source Chapter
|
|
|
|
Book IV, Chapter 5
|
|
|
|
## Context
|
|
|
|
Smith's critique of bounties as short-sighted policies that fail to consider
|
|
long-term consequences reflects the importance of strategic planning in
|
|
economic policy development.
|
|
|
|
## Economic Domain
|
|
|
|
General Theory
|
|
|
|
---
|