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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enlarged-monopoly
Definition
An enlarged monopoly refers to market situations where competition is artificially restricted to a smaller number than might otherwise enter an employment, through exclusive privileges of corporations, statutes of apprenticeship, or other laws. These create effects similar to monopolies but to a lesser degree, keeping market prices above natural prices and maintaining wages and profits somewhat above their natural rates for extended periods.
Source Chapter
Book 1, Chapter 7: "OF THE NATURAL AND MARKET PRICE OF COMMODITIES."
Context
Smith identifies various forms of market restriction that create monopoly-like effects without being complete monopolies. He explains how these restrictions, while less severe than full monopolies, can still maintain prices and factor returns above competitive levels for long periods through artificial limitation of market entry.
Economic Domain
Regulation
Smith's Original Wording
"The exclusive privileges of corporations, statutes of apprenticeship, and all those laws which restrain in particular employments, the competition to a smaller number than might otherwise go into them, have the same tendency, though in a less degree. They are a sort of enlarged monopolies, and may frequently, for ages together, and in whole classes of employments, keep up the market price of particular commodities above the natural price, and maintain both the wages of the labour and the profits of the stock employed about them somewhat above their natural rate."
Modern Interpretation
Enlarged monopolies represent partial market power created by regulatory barriers to entry. These concepts are fundamental to modern industrial organization theory and the analysis of regulatory capture and rent-seeking behavior.