27 lines
770 B
Markdown
27 lines
770 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-2-chapter-03 -->
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# Modes of Expense Affecting Public Opulence
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## Definition
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The distinction between spending revenue on immediately consumable items
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versus durable commodities, where the latter contributes more to public
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opulence by providing useful goods to inferior ranks, encouraging frugality,
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and maintaining more productive hands than extravagant hospitality.
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## Source Chapter
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Book II, Chapter 3
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## Context
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Smith's final analysis showing how different spending patterns affect
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national wealth, arguing that investment in durable goods creates more
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lasting economic benefits than consumption of perishable items.
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## Economic Domain
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Consumption
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---
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