I really don't want to hang up

Let's put aside the work in the mine.

Albert has handled several similar businesses for Mr. Luden.

The background of the buyer is very complicated, including rulers from all over the world, new rich men from the Little United Kingdom, and old aristocrats from the Fog City.
When the asset was first sold, Mr. Louden charged a slight premium.In the end, it was already a form of fire sale.

As long as the other party is willing to take over the debt and personnel, the price is negotiable!

There is a pharmaceutical workshop with high debt, and Mr. Ludden sells it for 1 pound!
After all this work, Albert had time to calm down and analyze what Mr. Luden was doing.

He took out the company's financial statements, and saw a speechless figure.

The company had 300 million pounds in cash on its books, half of which was exchanged for gold by Mr. Louden.

As Mr. Luden said before, all unprofitable businesses have been cut off.

Of course, Albert's Institute of Medicine was not axed, nor was Hannibal's team of doctors
Albert sees a glaring expense on the report.

"what?"

Albert is a little strange,
"Why hasn't funding for economic advisers been abolished?"

According to Mr. Luden's logic, these useless expenditures should also be cut down.

The retention of the technical backbone and framework is to maintain the company's research and development capabilities, which Albert, as the head of the technical department, knows very well.

But these guys who are only responsible for writing articles and calling themselves 'economists', why are they spared?
Could it be that what happened next was related to them?
Albert shook the brass bell on the table, and the assistant walked in,

"Pull out the list of economists in this expenditure, make a brief summary of the affairs they are responsible for, and give me their research results."

Soon, the assistant left, and Albert continued to study the financial statements.

A few days later, Albert had spent enough time on the documents, and he decided to go out and meet and talk with these economists.

A carriage drives out of the company headquarters.

The first stop was Taylor, an economist responsible for analyzing prices.

Taylor was originally an employee of the steel company. He was diligent and studious, changed his destiny with knowledge, obtained a degree, became a middle-level employee of the company, and escaped this layoff.

Taylor was overjoyed to see Albert,
"Mr. Albert, what brings you here?"

After a warm greeting, Albert asked about Taylor's job content.

Hearing this question, Taylor was a little nervous,
"Work? Oh yes, my job. I'm responsible for statistics on the market sales price and sales of steel, and make predictions for the future based on historical data. Listen, I can explain this, cough cough .Please believe me, I am really working hard, this is my latest draft of the thesis"

With that said, Taylor found a draft from a pile of documents and stuffed it to Albert.

Albert glanced at the title, it was an interesting and short name: "Piece Wage System".

...

After flipping through a few pages of the paper, Albert confirmed that Taylor was indeed working and did not waste the company's money.

From these words, Albert discovered an interesting thing,
"Mr. Taylor, do you think management is a science?"

"of course!"

Taylor waved his arms excitedly, his eyes sparkled,

"The Lion Badge should set up a special management award to reward the most productive managers!"

Albert declined to comment on this matter.

Before leaving, Albert asked one last question,
"Do you think the price of steel will go up or down? What about sales?"

"Of course it's going up!"

Taylor said firmly,

"The order for steamships is almost ten years away. No matter how much steel we produce, it will not be enough!"

"I see, thanks."

Albert went to the next stop in a carriage.

In a manor outside Wudu, he met Mr. Adam.

"You are President Albert? You are much younger than I thought."

Adam is writing a book that tries to summarize everything in economics, and a lot of people don't think he can do such a crazy thing, and the company is fully funding it.

After a brief greeting, Albert asked the same question, about steel.

When talking about things related to economics, Adam opened up the conversation,

"This issue should be analyzed from two perspectives, macro and micro."

When Albert left the estate, he was persuaded by Adam.

The price of steel will fall and so will sales.

He also gradually understood why Mr. Luden wanted to fund these people, even in the case of strategic contraction, he refused to lay off staff.

According to the employment contract signed by the two parties, the company owns a certain amount of copyright for the creation during the employment period, and of course it will not take all of it away.

The reason companies don't take it all is not because of residual humanitarian concerns, but because these economists disagree.
The more powerful the economist, the more discourse power he occupies in the negotiation.

Take Adam as an example, the company pays him 8 pounds a year, and he needs to give lectures twice a year. At the same time, the company owns 5% of the copyright of his works.

And Taylor?
The company pays him 60 pounds a week, and he needs to report steel price trends and forecasts regularly. Everything he creates is the copyright of the company, and he only enjoys the right to be famous.

Albert's third stop was an economist named David, who was half Adam's student
The carriage traveled around, Albert visited one economist after another, discussed different topics with different people, and collected complicated information.

Some people are optimistic about the future and think that the little United Kingdom has great potential.

Some people are pessimistic about the future, even saying 'In the long run, we're all dead! 'This kind of words.

Albert's role is more of a listener. He absorbs all kinds of economic knowledge like a sponge. If mathematical formulas are involved, Albert can understand them more easily, while others are more difficult.

Albert is also sometimes smeared by the lake.

Economics is different from other sciences. There are too many assumptions and premises, and various theories are full of contradictions and conflicts.

Albert was looking for something.

...

He wanted to know, what exactly did Mr. Luden foresee before he made the decision to shrink the strategy?
On this day, the dusty Albert ended his visit to an economist.

The other party has obviously heard about Albert's recent behavior and is also preparing for the visit.

When saying goodbye, the other party suggested to Albert,

"Mr. Albert, those of us who always have bread, butter, milk at home...you can't find what you want in a place like this."

Albert stood where he was, as if a flash of inspiration flashed in his mind.

This economist did not have outstanding eloquence, a proud past, and excellent results. Albert couldn't even remember the other party's name.

However, the other party awakened the dreamer with a single word.

Back on the carriage, Albert asked the driver to go to the nearest market.

He almost couldn't get out of the carriage, because there were too many begging children around the carriage.

It took Albert a lot of work before he entered the market and saw the prices of the day.

"The price of milk hasn't changed."

Albert is sensitive to numbers, and he is sure that the price of milk has not changed from a few days ago.

However, he saw one person after another carrying empty buckets and left the market disappointed.

Albert asked politely, "Is the milk sold out?"

“There is no milk for sale at all!”

Albert asked again,
"Where did the milk go?"

"I don't know, you should go to the ranch and ask, idiot!"

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