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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rent of land
Definition
Rent of land is the portion of a commodity’s price that compensates the landowner for the use of the land’s natural produce. It represents a payment for the exclusive right to exploit the land’s resources, such as timber, grass, or other natural fruits, which would otherwise be freely gathered.
Source Chapter
The Wealth of Nations, Book 1, Chapter 6.
Context
Smith introduces rent of land after describing the transition to private property, noting that landlords “demand a rent even for its natural produce.” He explains that this rent becomes a component of the price of commodities like corn.
Economic Domain
Distribution
Smith’s Original Wording
“When the land of any country has all become private property, the landlords… demand a rent even for its natural produce.”
Modern Interpretation
Rent of land corresponds to economic rent in contemporary theory—the surplus payment to a factor of production (land) that exceeds its opportunity cost. It is a key element in the factor‑income distribution of national accounts.