22 lines
706 B
Markdown
22 lines
706 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-introduction -->
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# Economic System Policy
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## Definition
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The specific rules, regulations, and administrative measures that guide and control economic arrangements, including the laws, institutions, and practices that implement political economy's objectives and shape the operation of economic systems.
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## Source Chapter
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Book IV, Chapter 0
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## Context
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Smith's discussion of political economy as the science of the statesman or legislator establishes the importance of policy in shaping and directing economic arrangements toward their intended objectives.
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## Economic Domain
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Regulation
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---
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