Rebirth 79: I opened a bank in the United States

Chapter 426 Market conduct, voluntary transactions

"When the current situation is difficult, I think the same as Mr. President. The limited money should be invested in the scientific research of the professors and the construction of the learning and living environment for the students. Gain an unlimited future with limited funds!"

"Then how do you think we should solve the current predicament?"

Giyama, who was not in the mood to listen to Carter's clichés, spoke kindly.It seems to be to guide and encourage Carter, a freshman, to bravely express his views, but in fact it is to interrupt impatiently.
But Carter was not annoyed, he still had his indifferent smile on his face, and said slowly:

"Yale's money can't be used, we can use other money! When administrative measures can't solve the problem, we might as well turn our attention to the market."

"If I look at the administrative issue that Yale's police force needs to be strengthened from another angle, can I think that it is in Yale now. Many teachers and students have a demand for security services?"

This novel angle suddenly caught many people's eyes.

To put it simply, this is like now that I have opened a factory and produced products, and I need to sell the products to thousands of households.If you look at it from the perspective of internal administration, you will feel that my factory currently lacks a logistics function department.We need to set up a dispatch center, build a fleet, buy vehicles, etc.
Today, with the development of the times, this approach will hardly gain anyone's support.Because I don't have a logistics team myself, I can outsource the work to a third party!When the order is sufficient, the cost of the eighth-party logistics may be lower than that of the self-owned logistics, but under the initial investment, the two are completely in the same order of magnitude.

In addition, the risk under the logistics cost can also be transferred to the product.
"You understand what Black means! You can hire a security service provider to fill the vacancy of the police force! The cost of employment will be much less!"

"The difference is small! But it's completely wrong!"

Smiling and shaking his head at the classmate who answered, Carter continued his speech:

"You just said that you expect to use Yale's financial funds. You don't think there is any more important use for this money. Now you only consider it from a business perspective, and you sell security services and law enforcement services as a commodity to Yale. to consider that issue from the perspective of

"You have no less than [-] students, no less than [-] professors, lecturers, teaching assistants, and all kinds of faculty members. If you count the family members living within the Yale community, the number will be even lower!"

"In the market system, when the demand increases to a certain level, the buyer will take the initiative in pricing! That means, you can extremely push up the quotations of security service providers. The high price perfectly meets your needs. service, coupled with your small customer base."

"Based on the logic of the model Mr. Principal just mentioned, suppose you now need 220 police officers, combined with 46 police officers from the original school police station, a total of 266 police officers can provide relatively complete public security management services for your community. So that The cost of using 220 police officers and supporting facilities should be more than 300 million US dollars a year."

"And there are not many of you? Counting 75 teachers and students, each person only needs to bear 70 US dollars on average; if you count the family members, each person only needs to bear about [-] US dollars."

$70 a year.
When hearing that number, some people's eyes shone, and some people frowned in words.Is that money less?
Yes less!

In 1, when the annual salary of the middle class was nearly 1981 US dollars, that amount was still one percent of their annual income.But he wants to talk too much, that's all right
For students whose families are relatively financially limited, our primary school tuition fees come from scholarships, grants, or student loans.Living expenses outside of weekdays are basically obtained through part-time jobs.As a part-time job at Yale, the average hourly salary is only around $4-5.

Calculated by working 4 hours a day and 5 days a week, I can only work about 80 hours a month.The monthly income is about 400 US dollars. After removing the necessary living expenses, there is basically a lot left.

At that time, adding a fixed expenditure of about 70 US dollars to us, the pressure can be said to be great!

In that case, Carter's new statement will naturally arouse some applause, or one-sided support.Affected by the repressed emotions of some easy students, some rich children, even if they think such a small amount of money is important, it is good to solve the problem, so it is better to open their mouths to express their approval for a while.
At the same time, Principal Giama also grasped the question and asked:

"There is no point of idealization, Mr. Black! First of all, the 220-strong police force you just mentioned only counts Yale's teaching area and student living area, and does not count the surrounding communities. If you want to include these areas in your Yale For the scope of services, this cost will inevitably increase slightly, and I am afraid that it will only cost 70 US dollars by then."

"Secondly, the family members are not all without jobs. If the per capita is counted under our head, the expenses of these few family members are actually borne by the professors. A wife, two children, plus their own expenses, That means a professor would pay just under $210 a year in living costs."

"As a fixed cost, non-board and lodging needs, that cost is high!"

"Of course, that is considered high. But since the solution to the problem is considered from the perspective of the market, this operation should also violate the principle of the market, that is, fairness and voluntariness! In other words, you students or professors are buying services The main body, as the school. You are just helping to find such a service provider or several. If you want to buy that service, how to buy that service, and how effective it is, just leave it to the customer and the merchant to discuss it themselves!"

The annual expenditure of 210 US dollars accounts for about 2.5% of the current annual salary of a professor, and about 4% of the annual salary of lecturers and teaching assistants.Everyone is willing to pay such a small price just for the risk of harm that may come and fall on their own heads.

In this regard, Carter has never had the idea of ​​fully accepting the Yale police service from the very beginning.Everything is difficult at the beginning, but now as long as a hole can be torn apart from the students and professors, Carter's goal will be achieved!
In that regard, Carter also has to thank Principal Giama for giving himself a free advertising opportunity
"Whether you are the same professional college or residential college, you can negotiate with the college as a unit. For example, if a residential college decides to hire a service provider, then the relevant security personnel can leave the college. As for the teaching location and The place of living, the fluctuation of the two places, that needs to be considered comprehensively. In other words, it is a matter of details. It needs the professors of each professional college, as well as the corresponding residential colleges, and the apartment itself to discuss how to coordinate the relationship. !"

(End of this chapter)