Reborn Bao Guowei, I really didn’t want to be a great writer!

Chapter 415 John Keynes’ economic account!
The Darjeeling region in British India is a famous tea-producing area. The autumn-picked black tea produced here has a unique fruity and honey aroma, and is called the "champagne of the black tea world" by the British.

At this moment, what Professor Elliott was holding in his hand was the Darjeeling black tea which was extremely popular in the UK.

The economy is not very prosperous nowadays, but the price of this Darjeeling black tea is still normal. Professor Elliott, whose income is far beyond that of the middle class, can have a cup of it every afternoon tea.

It is worth mentioning that the reason why the British can drink cheap and fragrant black tea is related to a piece of history.

In the 18th century, Chinese tea spread throughout the world, bringing rich foreign exchange to the Qing government. However, Britain did not produce tea, and the Qing government at that time kept tea production and planting techniques strictly confidential.

In a sense, one of the reasons why the British colonized India was to get rid of their long-term trade deficit and control their own supply of tea.

This shows that the British at that time had a strong demand for tea.

"In a sense, the source of most wars is actually economic accounts."

Wu Mi looked at the black tea in the other person's hand and recalled the concepts that Bao Guowei had mentioned to him on the cruise ship before.

Previously, Wu Mi thought that the other party was just an amateur who talked to him about these events in the context of economics.

Now he couldn't help but unable to control the expression on his face.

"This kid Bao Guowei, does he really understand economics?"

At least judging from the content in the newspaper, Bao Guowei's economics level was recognized by the British.

《The resistance of oriental writers! One man against three hundred parliamentarians!》

Seeing this title, Wu Mi couldn't help but twitch his lips. The British news media are obviously more prone to clickbait than the domestic ones.

After all, many domestic news media are mostly imitating these mature Western systems.

"Last night, at the cultural salon held at Chelsea Cathedral, there was a heated discussion about the future development of the British Empire. During the discussion, many outstanding members of parliament and professors expressed their views."

Eliot had a copy of The Times in his hand. Compared with other newspapers, even though the title of The Times was a bit exaggerated, the content inside tended to be from an official perspective.

"Mr. Oswald Mosley made some rather extreme remarks."

"Mr. George Orwell suddenly appeared, perhaps with some socialist tendencies"

"Mr. Harold Laski, a famous politician and thinker, severely criticized Mr. Mosley's erroneous remarks and expressed support for poor Mr. George Orwell."

As an official news newspaper, The Times naturally favors the current ruling party, the Labour Party.

Wu Mi also had some knowledge of British politics and knew that Mr. Harold Laski did not hold any official position.

In fact, he is one of the leaders of the Labour Party, an important theorist within the Labour Party, and the founder of today's democratic socialist thought.

It can be seen from the content of the newspaper that most descriptions tend to create a heroic image of the professor.

The subsequent content is a brief introduction to Bao Guowei's sudden appearance and his subsequent throwing out of a series of shocking economic theories.

To be honest, Wu Mi felt that the newspapers downplayed the shock of Bao Guowei's appearance.

Because according to his imagination, with the previous preparations, Bao Guowei's appearance will be very stunning, at least the spotlight will be on him alone.

But in the British description, Bao Guowei became an economist who fought alongside Harold Laski.

He worked with Harold Laski to drive the conspirator Mosley out of office in disgrace.

This is in line with Western people's imagination of knight novels.

Wu Mi was somewhat indignant at the editors' pretentious style of writing, but he was still very proud that a Chinese person participated in a cultural salon in London and received praise from the mainstream media. Even if he was "unwilling", he, Wu Mi, was proud of it as a Chinese.

Afterwards, newspapers began to focus on Bao Guowei's economic theories.

"Mr. Bao advocates that during economic depression, government intervention should be used to stimulate demand. According to the discussion, this oriental writer believes that the main cause of economic depression is insufficient aggregate demand, and private sector investment and consumption are often insufficient to maintain full employment.
Increased government spending, reduced taxes and lower interest rates are among the main themes of Bao's economics.
Professor Keynes expressed concern about this
After learning about this excellent theory, His Majesty the King and His Excellency the Prime Minister expressed their appreciation and ordered the Academy of Sciences to study and discuss the relevant theory.
"

Of course, the newspaper will not just give praise blindly in order to express the objectivity of The Times.

The report also included some voices of opposition to this economic policy.

"The so-called Bao-style economics is nothing more than an alienation of the socialist system. These people are trying to subvert our country."

"What many people don't realize is that this economic policy may change the situation of depression, but it may also cause inflation and increase government debt, which is a problem that cannot be ignored."

However, even though there are different voices, overall this report reflects the attitude of the British authorities.

That is to strongly support or advocate Bao's economics!
After reading these contents intently, Elliot couldn't help but sigh.

“It’s a good idea. It may not seem like a perfect system, but it’s much more practical than the methods of politicians.

After improvement and optimization, perhaps the UK will have a chance to get out of the economic quagmire.”

Eliot was not an ordinary person. His literary attainments were among the best in the UK. Compared with Shaw's attainments in drama, Eliot's attainments were more reflected in literary criticism and poetry.

He was also a leader of the modernist movement in poetry.

In Wu Mi's heart, this person is definitely capable of competing for the Nobel Prize in Literature.

In fact, Eliot really won the Nobel Prize in Literature in 1948 for his work "Four Quartets".

He may not have any achievements in economics, but he still has an extraordinary vision.

I deal with politicians and communicate with economists on a daily basis, so I can understand the significance of the economic concepts mentioned in the article.

"Bao Guowei actually did it?"

Wu Mi couldn't help but lose control of his emotions.

When he came here, he had heard Bao Guowei say that he wanted to increase his influence in Europe and help Chinese and compatriots in Europe.

I didn’t expect that this guy could achieve it so quickly?

How many days have you been in London?
Just as Wu Mi was astonished, he heard Elliot's extremely surprised exclamation.

"Wu? My God, did you suddenly appear in my office?"

Seeing the startled Elliot, Wu Mi couldn't help but say apologetically.

"I'm sorry, Thomas. I knocked on the door before, but when you didn't respond, I came in without permission."

Elliot was in a trance for a while before he came back to his senses from the shock.

The two of them immediately sat down at the coffee table and started chatting.

"I never thought that three years ago, Mr. Thomas, you became a British citizen."

Wu Mi felt a little sad when he recalled his several meetings with Eliot at Harvard University. At that time, Eliot was still a native American.

He has now become a British citizen.

Eliot chuckled and said, "Compared to the money-oriented American society, I think I am more suitable for the culturally rich Europe, where there is more academic atmosphere and more avant-garde artistic ideas. I especially like Paris and London, where I can meet more great masters.

Communicating with them makes my life fulfilling every day.”

“It’s more cultural.”

Hearing this, Wu Mi couldn't help but sigh. He was surprised that European masters of culture, art, and science were emerging in large numbers during the few days he had been in Europe. He thought that if he were not a Chinese, and had a sense of national responsibility, he would join the European country like Eliot, right?
But what Wu Mi didn't know was that the current situation in Europe would not last long.

Less than ten years later, with the outbreak of World War II, large numbers of professional scholars would flee to the United States because of the war.

Contribute to America's future.

Then they talked about the report.

"I have read a lot of reports about Mr. Bao. He has been caught up in the political vortex. Many opposition parties, such as the Conservative Party and extreme nationalism, have launched attacks on him in their respective media.

I have learned about Mr. Bao's deeds. He is an outstanding scholar. If he is harmed because of this, it will be a great loss to the cultural community."

Hearing Elliot's worried words, Wu Mi couldn't help but sigh and explained.

“Thomas, you may not know that Bao is a very driven person in our country. He can do anything for the goal in his heart.

But don't worry, he is a very smart man and will not put himself in danger.

Moreover, Bao’s remarks at the salon were only about economics and had no clear political inclination, which should help avoid a lot of trouble.”

The last two sentences of explanation were also meant for Wu Mi himself.

To be honest, given the current status of the Chinese in Europe, even though Wu Mi had confidence, he still had doubts in his heart.

Elliot nodded but didn't continue.

He had just learned from the conversation about the relationship between Wu Mi and Bao Guowei. Since the other party had said so, there was nothing to worry about.

Originally, the two wanted to discuss the development of comparative literature, but when they encountered Bao Guowei, they continued to talk about this topic.

"Wu, what do you think of the economic theory proposed by Bao?"

"I feel very honored because this is an excellent economic theory proposed by the Chinese, but I also have some concerns," Wu Mi said truthfully.

"Bao is a very versatile scholar who has achieved outstanding results in many fields."

When he said this, Wu Mi's mind kept flashing back to the fact that Bao Guowei's inventions and theories were simply not human.

Each of them can leave a mark in history.

“But in terms of economics, I think it is still a little imperfect. As mentioned in the news commentary, the economic theory proposed by Bao seems to be based on a large country with a huge scale.

Such as Red Tsarist Russia, America, etc.

If this happened to the UK, it would likely lead to inflation and increased debt.

Lack of volume means lack of tolerance.”

After all, the Chinese are reserved and modest. Even though Bao Guowei created miracles one after another, Wu Mi still started from the worst angle.

Elliot shook his head.

"Sir, we must consider that Britain today is not just an island."

As soon as he saw this, he started thinking.

“I am often ashamed of Britain’s invasion of other countries, but I cannot deny that the colonies have brought great benefits to Britain’s economy. Almost all the gentlemen in London enjoy the dividends brought by the colonies.

However, if we discuss the British economy purely from an economic perspective, we must take into account the existence of colonies.

If we take into account the size of the colonies and combine the strength of the colonies to achieve economic reforms on the British mainland, this does not seem to be an impossible thing, right? "

Wu Mi was stunned for a moment. He didn't expect that Elliott was more confident than himself, but he didn't know much about economics.

"I think Bingwen, or Bao, would agree with you."

He came today to ask for advice from the other party, so naturally he acted like a student.

Elliot smiled and continued.

"Sir, I think we should change the subject."

"I can."

“How about the topic of the influence of economics on the development of literary history?”

Inside the teachers' building at Cambridge University.

As soon as the class was over, Professor John Maynard Keynes rushed back to his school building like a student.

Inside the room, whether on the floor or on the desk, whether on the chair or on the bed, large volumes of economic books, documents and materials are placed side by side.

As one of the most outstanding economists of this era, Keynes never slackened his theoretical research for a moment.

Since the British classical economist Adam Smith wrote "The Wealth of Nations", economics has officially become a modern discipline.

With only a history of more than 100 years, it is a brand new discipline, but also a discipline with great prospects and extremely easy to achieve results.

In one hand Keynes held the relevant information about Bao's economics that he had collected from his friends and newspapers, while in the other hand he opened his own notes.

"Unbelievable!"

"Unbelievable!"

"Unbelievable!"

He uttered three sighs in succession, and then glanced at the book "Guns, Germs, and Steel" in the corner.

“The core elements that led to the Great Depression.”

Keynes picked up a pen and began to write on the scrap paper. These were the factors he had already summarized.

"Overproduction, insufficient consumption, and declining investment have led to lower corporate profits, resulting in a large number of people being unemployed and consumption further shrinking, forming a vicious cycle."

"All these have been solved in the theory proposed by this great Mr. Bao. What kind of person is he?"

“Fiscal policy – ​​increasing government spending, monetary policy – ​​adjusting interest rates and money supply”

“Increase public works spending, in the form of work-for-relief!”

"He is more complete than I thought. Although there are some differences, they are still within the scope of discussion."

“The jobs that the government can create directly or indirectly through infrastructure investment require a detailed assessment.”

"No! No!"

Keynes, caught up in a brainstorm, seemed to be crazy, waving the manuscript paper in his hand all over the room.

After a while, he calmed down among the falling manuscript papers and made up his mind.

"I need to find Mr. Bao and ask him questions about the follow-up!"

(End of this chapter)