tegwick
a9ca0adfcf
Batch evaluation of all 988 entities via OpenRouter. 984 succeeded on first pass; 3 failed (network errors). eval-summary --update-metrics written with per_entity_mean=3.9556. Viability dashboard: 6/6 PASS redundancy_ratio 0.0061 (max 0.10) coverage_ratio 0.6190 (min 0.40) coherence_comps 0.0000 (max 3) consistency_cycles 0.0000 (max 0) granularity_entropy 2.6748 (min 1.0) per_entity_mean 3.9556 (min 3.5) Dimension breakdown (mean across 985 entities): definition_precision 3.62 source_grounding 4.36 domain_placement 4.56 vsm_relevance 3.31 explanatory_value 3.94 Co-Authored-By: Claude Sonnet 4.6 <noreply@anthropic.com>
66 lines
3.6 KiB
Markdown
66 lines
3.6 KiB
Markdown
---
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entity_slug: capital_replacement
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evaluator: null
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evaluated_at: '2026-02-23T04:41:10.966321'
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overall_score: 4.6
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scores:
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- name: definition_precision
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value: 4.0
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max_value: 5.0
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rationale: The definition clearly distinguishes capital replacement as the restoration
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of worn-out capital goods to maintain productive capacity, which is a precise
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and non-circular concept. It effectively differentiates this process from capital
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expansion or other uses of capital.
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- name: source_grounding
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value: 5.0
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max_value: 5.0
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rationale: This entity is directly grounded in Smith's text from Book II, Chapter
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4, where he explicitly discusses the distinction between capital used for replacement
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versus expansion. The context accurately reflects Smith's analysis of how replacement
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capital creates a pool available for lending at interest.
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- name: domain_placement
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value: 5.0
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max_value: 5.0
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rationale: The placement in the "Accumulation" domain is entirely appropriate, as
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capital replacement is fundamental to understanding how economies maintain and
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grow their productive capacity over time. This concept sits at the heart of Smith's
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analysis of capital accumulation processes.
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- name: vsm_relevance
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value: 4.0
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max_value: 5.0
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rationale: This entity maps well to VSM System 1 (primary operations) as it represents
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the basic maintenance function necessary for continued production. It also has
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relevance to System 3 (internal regulation) as replacement decisions involve monitoring
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and maintaining system viability.
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- name: explanatory_value
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value: 5.0
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max_value: 5.0
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rationale: This entity provides significant explanatory power by illuminating the
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mechanism through which economies maintain productive capacity and how replacement
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needs create capital markets. It reveals a structural relationship between depreciation,
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replacement, and the availability of loanable funds that is central to Smith's
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economic theory.
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---
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# Evaluation: Capital Replacement
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## definition_precision — 4.0 / 5.0
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The definition clearly distinguishes capital replacement as the restoration of worn-out capital goods to maintain productive capacity, which is a precise and non-circular concept. It effectively differentiates this process from capital expansion or other uses of capital.
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## source_grounding — 5.0 / 5.0
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This entity is directly grounded in Smith's text from Book II, Chapter 4, where he explicitly discusses the distinction between capital used for replacement versus expansion. The context accurately reflects Smith's analysis of how replacement capital creates a pool available for lending at interest.
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## domain_placement — 5.0 / 5.0
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The placement in the "Accumulation" domain is entirely appropriate, as capital replacement is fundamental to understanding how economies maintain and grow their productive capacity over time. This concept sits at the heart of Smith's analysis of capital accumulation processes.
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## vsm_relevance — 4.0 / 5.0
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This entity maps well to VSM System 1 (primary operations) as it represents the basic maintenance function necessary for continued production. It also has relevance to System 3 (internal regulation) as replacement decisions involve monitoring and maintaining system viability.
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## explanatory_value — 5.0 / 5.0
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This entity provides significant explanatory power by illuminating the mechanism through which economies maintain productive capacity and how replacement needs create capital markets. It reveals a structural relationship between depreciation, replacement, and the availability of loanable funds that is central to Smith's economic theory.
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