infospace: remove example output — will replay chapter by chapter

This commit clears the tangled example output so each chapter
can be re-committed cleanly via S3.2.
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2026-02-19 09:22:55 +01:00
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# Water-Carriage
## Definition
The transportation of goods by navigable rivers, canals, and sea routes. Smith identifies water-carriage as vastly superior to land-carriage in cost-efficiency, demonstrating that a ship crewed by six to eight men can transport the same quantity of goods as fifty waggons requiring a hundred men and four hundred horses. This cost advantage means that water-carriage dramatically expands the effective market available to producers, enabling finer division of labour.
## Source Chapter
Book 1, Chapter 3: "That the Division of Labour is Limited by the Extent of the Market"
## Context
Water-carriage is the chapter's primary mechanism for explaining geographic variation in economic development. Smith argues that civilisation and industry naturally arise first on sea-coasts and navigable rivers because water transport opens "a more extensive market... to every sort of industry than what land-carriage alone can afford it."
## Economic Domain
Exchange
## Smith's Original Wording
> "As by means of water-carriage, a more extensive market is opened to every sort of industry than what land-carriage alone can afford it, so it is upon the sea-coast, and along the banks of navigable rivers, that industry of every kind naturally begins to subdivide and improve itself."
## Modern Interpretation
This is an early articulation of how transportation costs shape economic geography. Modern trade theory and economic geography (Krugman's New Economic Geography) formalise the same insight: reductions in transport costs expand effective market size, enabling agglomeration economies and deeper specialisation.