infospace: process book-2-chapter-04
Extract entities, map to VSM, and synthesize analysis.
This commit is contained in:
parent
8e1943afdb
commit
ac4e508aff
27 changed files with 6181 additions and 3 deletions
|
|
@ -0,0 +1,21 @@
|
|||
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-2-chapter-04 -->
|
||||
|
||||
# Prodigals and Projectors
|
||||
|
||||
## Definition
|
||||
|
||||
Economic actors who are willing to pay extremely high interest rates for borrowed capital. Prodigals seek funds for immediate consumption, while projectors pursue speculative ventures with uncertain returns. Both represent economically risky borrowers.
|
||||
|
||||
## Source Chapter
|
||||
|
||||
Book II, Chapter 4
|
||||
|
||||
## Context
|
||||
|
||||
Smith argues that when legal interest rates are set too high, capital flows toward these risky borrowers rather than to sober, productive enterprises, thereby harming the overall economy.
|
||||
|
||||
## Economic Domain
|
||||
|
||||
Distribution
|
||||
|
||||
---
|
||||
Loading…
Add table
Add a link
Reference in a new issue