who are in power; and what concerns receiving and despatching strangers; and gifts, and repaying gifts: because the Magnificent man is not apt to spend upon himself but on the public good, and gifts are pretty much in the same case as dedicatory offerings.
It is characteristic also of the Magnificent man to furnish his house suitably to his wealth, for this also in a way reflects credit; and again, to spend rather upon such works as are of long duration, these being most honourable. And again, propriety in each case, because the same things are not suitable to gods and men, nor in a temple and a tomb. And again, in the case of expenditures, each must be great of its kind, and great expense on a great object is most magnificent, that is in any case what is great in these particular things.
There is a difference too between greatness of a work and greatness of expenditure: for instance, a very beautiful ball or cup is magnificent as a present to a child, while the price of it is small and almost mean. Therefore it is characteristic of the Magnificent man to do magnificently whatever he is about: for whatever is of this kind cannot be easily surpassed, and bears a proper proportion to the expenditure.
Such then is the Magnificent man.
The man who is in the state of excess, called one of Vulgar Profusion, is in excess because he spends improperly, as has been said. I mean in cases requiring small expenditure he lavishes much and shows off out of taste; giving his club a feast fit for a wedding-party, or if he has to furnish a chorus for a comedy, giving the actors purple to wear in the first scene, as did the Megarians. And all such things he will do, not with a view to that which is really honourable, but to display his wealth, and because he thinks he shall be admired for these things; and he will spend little where he ought to spend much, and much where he should spend little.
The Mean man will be deficient in every case, and even where he has spent the most he will spoil the whole effect