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infospace: process book-2-chapter-03

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Extract entities, map to VSM, and synthesize analysis.
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# Private Misconduct Versus Public Prodigality
# Private Misconduct Versus Public Prodigality
## Definition
The distinction between individual economic errors and government
extravagance as causes of reduced productive funds. While private misconduct
rarely affects great nations due to compensation by others' good conduct,
public prodigality employing revenue in maintaining unproductive hands can
significantly diminish funds for productive labour.
## Source Chapter
Book II, Chapter 3
## Context
Smith argues that public prodigality is more dangerous than private misconduct
because it operates at scale and is not compensated by others' frugality,
potentially leading to national impoverishment.
## Economic Domain
Regulation
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