---
entity_slug: three_way_employment_of_stock
evaluator: null
evaluated_at: '2026-02-23T06:31:31.241934'
overall_score: 4.2
scores:
- name: definition_precision
  value: 4.0
  max_value: 5.0
  rationale: The definition clearly identifies three distinct categories of stock
    employment with specific purposes (immediate consumption, fixed capital, circulating
    capital). While concise, it could benefit from slightly more detail about what
    distinguishes fixed from circulating capital.
- name: source_grounding
  value: 5.0
  max_value: 5.0
  rationale: This directly reflects Smith's explicit categorization in Book II, Chapter
    1, where he systematically outlines these three fundamental ways stock can be
    employed. The entity accurately captures a key structural framework from the source
    text.
- name: domain_placement
  value: 5.0
  max_value: 5.0
  rationale: '"General Theory" is the appropriate domain placement as this represents
    a foundational taxonomic framework that underlies Smith''s entire analysis of
    capital and economic activity. It''s a core theoretical construct rather than
    a specific mechanism or application.'
- name: vsm_relevance
  value: 3.0
  max_value: 5.0
  rationale: This entity is somewhat VSM-neutral as it represents a static classification
    scheme rather than a dynamic system function. However, it could loosely relate
    to S4 (intelligence) as a framework for understanding resource allocation decisions
    across different time horizons.
- name: explanatory_value
  value: 4.0
  max_value: 5.0
  rationale: This provides significant explanatory value by establishing the fundamental
    taxonomy that organizes all subsequent analysis of capital employment in Smith's
    work. It illuminates the structural logic underlying economic decision-making
    about resource allocation across time.
---

# Evaluation: Three Way Employment Of Stock

## definition_precision — 4.0 / 5.0

The definition clearly identifies three distinct categories of stock employment with specific purposes (immediate consumption, fixed capital, circulating capital). While concise, it could benefit from slightly more detail about what distinguishes fixed from circulating capital.

## source_grounding — 5.0 / 5.0

This directly reflects Smith's explicit categorization in Book II, Chapter 1, where he systematically outlines these three fundamental ways stock can be employed. The entity accurately captures a key structural framework from the source text.

## domain_placement — 5.0 / 5.0

"General Theory" is the appropriate domain placement as this represents a foundational taxonomic framework that underlies Smith's entire analysis of capital and economic activity. It's a core theoretical construct rather than a specific mechanism or application.

## vsm_relevance — 3.0 / 5.0

This entity is somewhat VSM-neutral as it represents a static classification scheme rather than a dynamic system function. However, it could loosely relate to S4 (intelligence) as a framework for understanding resource allocation decisions across different time horizons.

## explanatory_value — 4.0 / 5.0

This provides significant explanatory value by establishing the fundamental taxonomy that organizes all subsequent analysis of capital employment in Smith's work. It illuminates the structural logic underlying economic decision-making about resource allocation across time.
