tegwick
41773f1320
Add OpenAIAdapter for the OpenAI chat completions API (apikey-chatgpt.txt or OPENAI_API_KEY). Set default model to arcee-ai/trinity-large-preview:free for the infospace pipeline and increase max_tokens from 4096 to 8192. Reprocess chapter 05 with Trinity Large (was Gemini: 1 truncated entity, now 19 complete entities). Process chapters 06 (Aurora Alpha, 10 entities) and 07 (Trinity Large, 15 entities including regenerated violent-policy.md). Canonical set now at 85 unique entities. Add entity archive policy: entities are never silently deleted. Retired entities move to output/entities/archive/ with a dated reason header. New CLI option: --archive-entity <slug> --reason "...". The --list output shows the archive count alongside the canonical set. Co-Authored-By: Claude Opus 4.6 <noreply@anthropic.com>
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effectual-demanders
Definition
Effectual demanders are those consumers who are both willing and able to pay the natural price of a commodity - the whole value of rent, wages, and profit required to bring it to market. These are the only consumers whose demand can actually bring commodities to market, as opposed to those who merely desire goods but lack the purchasing power to effectuate their supply.
Source Chapter
Book 1, Chapter 7: "OF THE NATURAL AND MARKET PRICE OF COMMODITIES."
Context
Smith introduces effectual demanders as the economically relevant consumers whose purchasing power actually influences market outcomes. He contrasts them with those who have absolute demand (mere desire) but insufficient means to affect market supply and prices.
Economic Domain
Exchange
Smith's Original Wording
"Such people may be called the effectual demanders, and their demand the effectual demand; since it may be sufficient to effectuate the bringing of the commodity to market."
Modern Interpretation
Effectual demanders represent the intersection of economic power and desire in market systems. This concept highlights the importance of purchasing power in determining market outcomes and anticipates later theories about effective demand in macroeconomics.