26 lines
637 B
Markdown
26 lines
637 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
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# Forestalling
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## Definition
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The practice of buying goods before they reach the market, particularly
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corn, with the intent to resell at a higher price, historically prohibited
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by law as a form of market manipulation.
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## Source Chapter
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Book IV, Chapter 5
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## Context
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Smith argues that forestalling prohibitions are misguided, as merchants who
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buy early are often providing a valuable service by anticipating future
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scarcity and helping to distribute goods more efficiently.
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## Economic Domain
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Exchange
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---
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