Chapter 1431 Little Fanboy in Eastern Europe (Second update, please subscribe)
"All economists' economic theories are worth learning..."
Glancing out the window, Li Yian said:
"Milton Friedman's neoliberal economy is actually not mutually exclusive with the planned economy. Economics is a very magical thing. It is not a game of bridge. It can be done at the appropriate time according to the environment at that time. Make the appropriate adjustments, there is no such thing as left or right..."
Even though he has activated the "economics" skill long ago, Li Yian still doesn't really understand the economy until now.
What are the laws of economic operation?
If the economy is in order, every country can become a developed country.
It is something with accidental variables in itself. Is it realistic to use something unchanging to create a "Bible"?
Respecting economic laws does not mean condoning them.
It is precisely because of this that Li Yian's attitude towards the economy is flexible and changeable. The reason why Milton Friedman is mentioned is because AMonetary History of the United States, which he co-authored with Anna Schwartz, caused a sensation in the outside world as soon as it was published.
The book examines the connection between the money supply and economic activity throughout U.S. history. They came to a surprising conclusion: Money supply has always been the only source of influence on the ups and downs of economic activity.
This book caused a sensation as soon as it was published, so Li Yian chatted with Robert, Paul and others about the economy.
In fact, to a certain extent, Li Yi'an's economic thought was indeed influenced by the "Chicago School", that is, the influence of Milton Friedman's neoliberal economics. Therefore, when sending international students, they tend to send economics students to Chicago to learn from Milton Friedman.
However, there is nothing special about this. After all, anyone who knows a little bit about economics will be influenced by the "Chicago School". In the 21st century, the Federal Reserve even apologized for this because they did something wrong during the Great Depression. And Milton's conclusion was correct.
But... this is not to say how good Milton is, because he is standing on the shoulders of historical giants.
How could he have concluded that the Fed was wrong without the Fed's trial and error?
In fact, this is Li Yi'an's biggest advantage - standing on the shoulders of historical giants, he can choose the so-called "economic theory" calmly and adjust Nanyang's economic policies in stages and according to circumstances.
Then, calmly lead economic development, which is the basis for Nanyang's economic success.
Because Li Yian, a time traveler, was there to guide the way, why the post-war economic crisis had little impact on him? To put it bluntly, it was just planned in advance.
What a so-called miracle, brilliant.
Essentially, they are all based on advance prediction.
In fact, Li Yi'an originally planned to hire Milton Friedman, but in the end he flatly rejected the idea. After all, his economic theory has not yet been fully formed, and some things cannot be used to defeat the best of the team leader. The way is to let it continue to grow in its original growth environment. Only in this way can the fruit be picked after it matures.
But this does not prevent him from sending overseas students to learn directly from him, thereby injecting new learning into the development of economic theory here.
"Your Excellency, can it be understood that our economic policy is the invisible hand of the market, controlling the hand of planning, and using the hand of planning to restrain the invisible hand of the market?"
Robert asked curiously:
"Tangibility and intangibility are essentially a matter of degree. Too much is not enough. Overdoing something is the same as not doing enough. Both are inappropriate. The key is a degree..."
When mentioning "degree", Li Yian glanced out the window and said:
"Here, it's too much, but... Hungary may be an exception!"
The Hungary mentioned by Li Yian is now, no, it should be said that since the "Budapest Incident", they have been unswervingly promoting the new economic policy.
After concluding his visit to Austria, Li Yi'an embarked on a visit to Budapest. In the past twenty days, he visited the United Kingdom, France, West Germany, Norway, and Sweden. But where is the real focus?
Not Western Europe!
But Hungary!
Although economic reform was the trigger for the Hungarian incident, even in another world, they began to reform soon after the "Hungarian incident" and were one of the first countries in Eastern Europe to implement economic reform.
In fact, what is different from what many people imagine is that not only Hungary, but also almost every country in Eastern Europe has carried out "new economic system" reforms similar to the Hungarian model. East Germany even preceded Hungary.
However, Hungary went a bit far, so far that Big Brother directly taught them a lesson with an iron fist, but then, in order to improve the relationship between the two parties, they still allowed them to continue.
This is the most "successful" part of Big Brother - because the younger brother wanted to decorate his home, the older brother couldn't stand it and hit him with an iron fist. After hitting the younger brother with a stick injury, in order to appease the younger brother, he allowed him Decorate it.
Anyone would be stunned by such a barbaric and brutal approach.
But Big Brother thinks - I am very right. If you want to decorate your own house, you must first get my permission!
In short, no matter what, people finally renovated it, just like Hungary now, they went further than before.
From an economic point of view, Li Yian even feels familiar when looking at the current Hungarian economic policy.
But, that's it.
Even so, after Li Yi'an's special plane arrived in Budapest, what he felt was a kind of enthusiasm that he had not felt in any other country. "Your Excellency, look, everyone is here..."
Pointing to the people outside the car window, Najib said:
"Seven years ago, when the Soviets wanted to destroy everything here, you stood up and told us to hold on and help would be coming soon. Then we held on, and you did your best to maintain peace. Now..."
Looking at Li Yi'an beside him, Najib's tone was filled with gratitude:
“Your Excellency, when you come here, you will see that your efforts and contributions are worth it. In the past six years, our economy has made great progress. There are more products on the shelves of Hungarians. There are more and more commodities. Your Excellency, the commodities on the market are no longer the single and scarce products that need to be rationed in the past. The reform has made Hungary become the forefront of the economy of Eastern European countries. Now, we have even surpassed the Eastern European countries. Germany..."
Pointing to an advertisement outside the window, Najib said:
"Look, that's us!"
The advertisement is a product advertisement, with several advertising girls wearing miniskirts. Miniskirts of that kind are extremely avant-garde in Europe and the United States today, but here they are openly painted on the wall.
In fact, this is the biggest difference between Eastern European countries headed by the Soviet Union and Western countries. Western countries that seem to be left-wing are actually conservative in this era and cannot be said to be avant-garde at all.
Many people imagine that Eastern European countries, led by the Soviet Union, were the representatives of openness and avant-garde during the Cold War era.
For example, when European and American countries regarded bikinis as immoral, bikinis had already appeared on the beaches of Eastern European countries, and even celestial floats appeared in military parades in East Germany. People showed off their bodies to their heart's content in broad daylight.
Such a contrasting scene will definitely shock the whole world, but this is the most real thing.
In fact, it is Eastern countries that are far more open than Western countries, at least to some extent. Of course, they did not recognize the so-called correctness group until the end of the Cold War.
"Haha,"
Li Yian burst out laughing, and then said:
"I have been paying attention to you, and I have also noticed the construction achievements you have made in the past few years. The achievements you have made are amazing."
Looking at the people waving flowers and arms to greet him outside the car window, Li Yian felt a little touched in his heart, because he knew that this warm welcome was not officially held.
The official color here is constantly diluting, they have gone further than in the past, and of course they have achieved some financial success.
The people who crowded on both sides of the street welcomed him because of the help he had given them a few years ago. Therefore, when they knew about their itinerary, they all spontaneously came to the street to welcome him.
Hungary has become their little crush over the past few years. For young people in Hungary, being able to study in Southeast Asia is their dream. Unlike many people who yearn for the West, they yearn for Southeast Asia and the equator. After all, it has provided them with selfless help during crises.
It is this kind of help that makes people here the most pro-Southern region in Eastern Europe. Not only do many people go there to study, but more people marry there.
Definitely a little fanboy. In fact, this is the reward for resolutely upholding justice in the crisis.
Faced with such a welcome, it would be an absolute lie to say that there was no emotion in my heart.
"And I believe that you will definitely achieve more brilliant achievements in the future."
In fact, in another world, their economic reforms. It has also achieved extremely brilliant achievements.
"Your Excellency, our achievements would not be possible without your help."
What Nagy said is true. In the past few years, Hungary has received hundreds of millions of dollars in loans every year through the development assistance program. Thanks to this help, their electric power, transportation and other infrastructure have been fundamentally improved. Improvements in infrastructure have further boosted economic development.
In fact, Li Yian didn't think so much at all at the beginning. After all, Hungary was too far away. Even if he could exert influence, how much influence could he have?
However, who would have thought that this unintentional move just to create obstacles for the Soviet Union could actually have a die-hard ally in central Europe.
This may be an unexpected gain.
Looking through the car window at the people on the roadside holding banners to welcome him, for a moment, Li Yian even had the urge to order the car to stop and then have close contact with them.
Although this idea is very strong, his reason tells him not to do this. After all, safety is the most important thing right now.
If something unexpected happens in this place, it will really be...all the previous efforts have been wasted.
Thinking of the accident, Li Yian naturally thought of the rich young man.
What did it feel like when he was waving to the citizens of Dallas from his convertible?
Thinking of this, Li Yian immediately calmed down. After all, that was a bloody lesson!
In this way, even though the Hungarians kept shouting his name, Li Yian just waved to them through the car window, that's all...
(End of chapter)