677 B
677 B
Sovereign Dignity Expenses
Definition
The additional public expenditure required to maintain the elevated status and ceremonial functions of the monarch, which increases with societal wealth and the prevailing standards of luxury and display.
Source Chapter
Book V, Chapter 1
Context
The final category of public expense, following defence, justice, and public works, representing the non-functional but socially necessary costs of maintaining the sovereign's position and the dignity of the state.
Economic Domain
Regulation