Manhattan Reborn 1978

On the Pacific Ocean, Hawaii.

In the afternoon sky, a few dark clouds came again ~

A pattering of light rain made the already humid air even more humid. .

398 Corudilla Avenue, Honolulu Island.

First floor, in the living room.

Donald D. Klein's good friend Davis D. Leahy, after chatting and greeting David for a while, took the initiative to bring the topic to the purpose of today's visit.

"Kleon and I are planning to start a venture capital company in Silicon Valley. Are you interested?"

"Yes~"

"Then you are right...are you very optimistic about the development prospects of innovative technology companies in Silicon Valley?"

"Of course!"

"Among them, many very successful startups have emerged~"

"If we don't rush in quickly, we will miss the outbreak of this wave of computer technology company entrepreneurship."

Davis looked at David with a strange feeling for a while, smiled and nodded.

"But you've been living in New York, right?"

"How come you are so optimistic about..."

"Hahaha~" David smiled and waved his hand to him, explaining.

"Personally, I prefer learning and researching economics."

"So, I also have some different personal opinions on the various theories between academic schools such as traditional economics and neoclassical economics, and the different economic views they advocate."

"for example:.."

"Hey~ you're already here!" While David was talking to Klein, Giles, Bloomer and Tilda Swinton walked away from upstairs with various information in their hands. Come down.

When Klein saw the three of them, he immediately stood up and gave his friend Davis a brief introduction to them.

The names of Bloomer Wilfred Wotton and Giles Norton Morgan made Davis smile even wider.

However, after hearing the name of Catherine Matilda Swinton, he was a little surprised and used an authentic London accent, nodded slightly and greeted Tilda.

David stood nearby, scratched his chin strangely, and looked at Klein.

Klein smiled and walked to David and whispered.

"Davis's mother is a descendant of a noble family in London..."

"Oh~"

David glanced at Bloomer and Davis who were chatting and laughing, pulled Klein to sit down, and asked gossiping.

"Davis... When you introduced him, I thought this name was rare in the United States."

"Didn't expect him...?"

"Yeah~" Of course Klein understood what he didn't say, shrugged and smiled.

"Don't you think the last name Lexi sounds familiar to you?"

"...I'm sorry~ What is it??" David quickly rummaged through his mind and helplessly spread his hands to Klein, waiting for his explanation.

"Hehe~"

"William Daniel Leahy!"

"He is the first five-star general in American history!"

"And it belongs to the Navy... a five-star admiral!"

"..." David tilted his head and looked at Klein in a daze, seeming to see a strange color in his eyes, and said with a wry smile.

"Then you and him are... family friends?"

"Ok!"

Klein glanced at his friend who was sitting and chatting with Blumer, and continued.

"Davis's father is Admiral Leahy's youngest son."

"After Admiral Leahy participated in the First World War, he served as director of the Navy's Equipment Bureau and Navigation Bureau for many years, in charge of personnel."

"In 1939, the 64-year-old Admiral Leahy had reached retirement age and resigned as Chief of Naval Operations."

"The then President Franklin Roosevelt held a small ceremony specifically for him and awarded him a medal."

"And he said to General Leahy at the ceremony: Once we get involved in war, please come back and help me."

"Then President Roosevelt sent him to the island of Puerto Rico to serve as governor."

When Klein said this, he saw David looking at Giles, who was not very interested, with an understanding "weird smile" on his face, and slowly continued to preach.

"In 42, Pearl Harbor was attacked..."

"President Roosevelt appointed General Leahy to serve as Chief of Staff to the Commander-in-Chief of the Army and Navy (also known as the White House Chief of Staff) to serve as a liaison between the Pentagon and the President."

"The Joint Chiefs of Staff are a tool that assists the president in his work and is accountable to him."

"In this institution, General Leahy is the personal representative of the president. As a senior official attending the meeting, General Leahy is responsible for presiding over the meeting, formulating the agenda, signing major documents and resolutions, etc."

"At the same time, in order to meet the needs of allied strategic alliances, he also participated in the work of the Joint Chiefs of Staff Meeting of the United Kingdom and the United States."

"As President Roosevelt's personal chief of staff, he fully demonstrated his extraordinary organizational and commanding talents during his tenure."

“And he has chaired the Joint Chiefs of Staff and Joint Chiefs of Staff meetings many times, discussing the Allied military operations in North Africa, the opening of the second battlefield, the strategy and war command authority of the Pacific Theater, and the expansion of military production, etc. Big question.”

"A lot of preparations have been made for the heads of major allies and their senior military advisers to meet and coordinate strategic operations."

"After President Franklin Roosevelt passed away due to illness in April 1945, General Leahy continued to serve as the new President Truman's chief of staff, assisting him in dealing with many major issues before and after the end of World War II."

"It wasn't until 1949, when 74-year-old General Leahy offered to resign that President Truman complied with his request."

"..."

Klein told the family background of his friend Davis in a very simple and direct manner.

After listening to this, David's mind raced fiercely for a long time, and in the end, only a big exclamation point appeared. .

Because in what Klein just said, an important figure was mentioned several times in a row~

Franklin Roosevelt!

Franklin Roosevelt, one of the most respected presidents in the United States, who was seriously ill, personally broke up the Morgan consortium that was running rampant around the world in 1935. .

Davis's grandfather, General Leahy, was President Roosevelt's personal representative. .

The descendants of these two very representative figures actually "accidentally met" in front of David today. . ? !

Could David not be weirded out and surprised?

. . .

Klein looked at Giles with a smile, reached out and patted David on the shoulder, and said in a very low voice.

"Believe it or not... from my point of view, it was all accidental..."

"If I had known that your friend Giles happened to be coming over, I certainly wouldn't have invited Davis, who is on vacation in Hawaii, to meet you."

David took a deep breath, feeling a little headache, and pulled Klein to ask.

"What is this Davis' personality like?"

"Um...very good~"

"Tsk~ I have to explain it to you first!"

"If he and Giles are having trouble, I'm sure..."

"Hahahaha~" Klein couldn't help but smile, shook his head and waved his hands.

"No...you think too much!"

"Davis's mother was his father's second wife..."

"Davis was born in 1940..."

"Giles, you just graduated from college, right?"

"What do the old grievances between previous generations have to do with them?"

"This is not medieval Europe hundreds of years ago..."

"...Okay!" David tilted his head and looked at Klein for a while, and finally could only sigh helplessly.

He stood up on his own initiative, walked to his friend Giles, and asked him with his eyes.

After seeing the look in his friend David's eyes, Giles shrugged indifferently, leaned back on the sofa easily, and handed several documents in his hand to David.

"..."

When David saw Giles, he said it didn't matter anymore, so he stopped worrying about these old events and possible existence. .

He walked up to Bloomer again, took back the information in his hand, pulled Tilda back to his seat, smiled at Klein who took the initiative to "give up his seat", and said to Davis.

"Shall we...continue the topic we just talked about?"

"Okay~"

Davis, who had just noticed the low conversation between his friend Klein and David, nodded to Bloomer, sat next to his girlfriend Akie Asama, and made an invitation gesture to David.

"ok~"

David took the information from Tilda's hand, rummaged through all the information, pulled out a piece of paper, looked at it for a moment, and said.

"The economics I have come into contact with can be roughly divided into macroeconomics, mesoeconomics and microeconomics based on the scope of research."

"Theoretical research on macroeconomic behavior is most representative of the famous British economist Keynes."

"Before the revolution in economics initiated by Keynesian theory~"

"Economics mostly analyzes microeconomic behavior. For example, studying the economic behavior of individual consumer goods, individual markets, individual enterprises, and individual industries is mostly within the content of microeconomics."

"The publication of Keynes's famous work "The General Theory of Employment, Interest and Money" (referred to as "The General Theory") in 1936 marked the official emergence of macroeconomics."

"It is precisely because of this "General Theory" that we later students in the field of economics call him: the father of macroeconomics."

"Keynes's research object in economics shifted from the analysis of microeconomic behavior to the analysis of macroeconomic behavior."

"Keynes emphasized the study of aggregate quantities such as national income, total employment, total demand, and total supply. He emphasized the entire economic system and how to achieve optimal employment of all resources in the system."

"Compared with macroeconomics and microeconomics, mesoeconomics is completely an emerging discipline~"

"It was first proposed by Hans Rudolf Peters, a professor of political economics at the University of Edinburgh in Germany."

"Professor Peters believes that Mesoeconomics (MesoEconomics) refers to a theory that takes the economic activities of a certain sector, a certain group or a certain region as the research object."

"But he has not yet perfected the theory he proposed, nor has he made this new breakthrough theoretical structure public."

"So, let's put it aside today and talk about it first."

"Now that the United States has entered the post-industrial era, in the new economic era based on knowledge and dominated by mental work, how can we more accurately grasp the pulse of the development of the times?!"

"The answer is actually very simple~"

"The Result of the Manhattan Project: The Atomic Bomb!"

"The results of the Apollo program: humans successfully landed on the moon~"

"They are all telling us in their own unique way... The era of knowledge economy is coming!"

"Knowledge Economy."

"It is not a strictly economic concept."

"Its origin has a lot to do with the new economic growth theory~"

"Although people in the past had knowledge, their knowledge was still in a relatively extremely poor era..."

"In that era of extremely poor knowledge, more than 80% of the labor force was required to engage in agricultural production to solve the problems of food and clothing~"

"So that era is what we call: the era of agricultural economy."

“With the continuous accumulation and breakthrough of knowledge, and the continuous changes of the times, when we shift more than 80% of the labor force to knowledge-centered service industries, only about 20% of the labor force is enough to produce all industrial and agricultural products. when."

"We will enter a new era of knowledge economy!"

When David said this, he put down the information in his hand, tilted his head and glanced at Tilda, who had a blushing face, took her little hand, and continued with a smile.

"The knowledge economy is not a so-called emerging industry."

"It is just a symbol of high development in the industrial economic era~"

"Industrialization, informatization, and knowledgeization are the three stages that modern development will inevitably go through."

"The first and second industrial revolutions took us from an era when public transportation basically relied on horse-drawn carriages to the most vigorous period of scientific invention development in human history~"

"Telegraph, telephone, cassette recorder, television, camera, video camera, etc.~"

"The continuous breakthrough development of satellite communication technology and aerospace technology allows us to watch news happening thousands of miles away while sitting at home."

"These iconic products of the information era that can visualize images and voices through technological products have completely changed our lives!"

"And the era of knowledge economy that I mainly want to talk about will be the dominant force in the next 20 years and the 21st century!"

"Because the knowledge economy refers to a concept that has been expanded!"

"It includes: Know-what, which refers to knowledge about facts."

“Know-why refers to knowledge of principles and laws.”

“Know-how refers to the ability to operate ~ including technology, skills, techniques and know-how, etc.”

“Know-who refers to the understanding of social relationships so that it is possible to contact relevant experts and effectively utilize their knowledge, that is, knowledge and abilities about management.”

After David finished this series of "talking words", he saw Blumer and Giles very skillfully asking the butler Acklade for a pen and paper, and quickly taking notes. .

Klein, Davis, Tilda and Asama Akie looked at each other with slightly weird expressions when they saw their "diligence and studiousness".

"Um...can you give us a piece of paper and a pen?" Klein asked tentatively, staring at Bloomer and the two who were engrossed in taking notes.

"Of course~" David smiled very cheerfully and waved.

"Aclade, bring some of the notebooks we bought!"

"Okay, sir!"

"Please wait a moment~"

. . .

After a few minutes.

When David saw that the "students" were all ready, he repeated the "Guankou" section just now. .

Then, he stopped Tilda's movement to record, held her in his arms, smelled the faint fragrance emanating from her body, and smiled.

"Shall we continue?"

"Ok!"

"ok~"

"Traditional economic theory believes that the factors of production include: labor, land, materials, energy and capital, etc."

"Modern economic theory should include knowledge as an important factor of production!"

"Because the knowledge economy is an economy based on the production, distribution and application of knowledge."

"More new knowledge is produced in people's social production and life practices."

“After new knowledge is generated, it will be distributed in various fields for use and consumption according to the different needs of social production and life.”

“So knowledge production is knowledge innovation!”

“Investment in knowledge will also have an increasingly higher rate of return!”

When David said this, he paused for a moment, lowered his head and fiddled with Tilda's slender fingers, skipped most of the economic theories in his memory, and said

"I have briefly summarized some of the characteristics of the knowledge economy era. You can just listen to it without recording it for now~"

"Its characteristics are mainly manifested in the development trend from an academic society to a learning society~"

"For example: what has emerged on Wall Street in recent years... longshoreman traders and trucker traders."

"These traders, who have no financial-related professional learning experience, have achieved great success and widespread recognition just by relying on their keen intuition and hard work."

"This has to make people on Wall Street start to reflect~"

"Have the past years of conservatism and xenophobia progressed? Or have they regressed?"

"Haha~" David put Tilda's little hand on the tip of his nose and smelled it, smiling.

Giles raised his head and glanced at David, quickly wrote a few words on the notebook with a pen, and fell silent into thinking.

Klein glanced at his friend Davis' notes from the corner of his eye, thought about it, and asked.

"The characteristics you mentioned...are there any others that we haven't paid attention to?"

"Yes~"

"For example: when major companies are recruiting, they will be more inclined to test the work experience, ability, potential and practical work skills of new people, instead of just focusing on the new person's resume!"

"For example: success based on individual struggle is changing to a successful model based on teamwork + detailed division of labor + clear responsibilities."

"For example: Enterprises with a single main business are slowly transforming into a cross-industry diversified business model."

"For example: when the industrial economy transforms into a knowledge economy and becomes the mainstream of world economic development~"

"Driven by this wave, multinational companies will definitely continue to upgrade their management systems and management theories based on their own conditions and experience!"

"Because the competition between enterprises caused by economic development will become more and more cruel and fierce!"

"All companies that want to improve their competitiveness must improve their ability to acquire and apply knowledge so that they will not be targeted and gobbled up by companies in the same industry or across industries."

"So~ in the future!"

"When the post-industrial era is quietly coming and is widely known, traditional industrial enterprises will usher in a new round of elimination!"

"And those companies that can quickly adapt to the new era will also usher in a new wave of revolution in which the industrial chain is more refined and classified!"

"For example: All the parts used in Apple's personal computers come from different manufacturers."

"If these manufacturers can keep up with Apple's rapid development, they will definitely become the second Intel company in the next few years."

"Enterprises like Apple are also very representative in other industries."

"For example: Genentech, Tianteng, Atari, etc.~"

David gently pinched Tilda's little finger, looked at Akie Asama sitting next to Davis, slowed down his speech, and said.

"I have briefly summarized the investment goals that venture capital companies should focus on in the future."

“They should be: high-tech industries that can bring high added value; medical care industries that can meet people’s health and elderly care needs; high-end consumer goods industries that can meet people’s material needs; financial industries that can meet people’s asset appreciation needs; The entertainment industry that people need spiritually, etc. ~"

"but!!"

"When we focus on the development trend of the knowledge economy and look for investment targets..."

“We can’t forget the industries related to people’s basic living needs!”

"For example: agriculture and daily consumer goods industries."

"They also have many great investment opportunities in the new stage of the knowledge economy era!"

"And..."

"When the era of knowledge economy comes, the degree of competition between enterprises will intensify, which will not only be reflected in..."

. . .

While David was telling several people about his understanding and views on the knowledge economy, he was silently observing and thinking about the reasons behind this strange "accidental encounter" situation today. .

coincidence?

hehe~

Under the sun. .Could such a coincidence really happen? ?

David glanced at Klein, and the smiling face of old Morgan flashed through his mind~

What is that old fox secretly doing again? ?

Should I call him directly and ask him?

Emm. .

You can try!

What if he is willing to say it?

Then there’s no need to continue guessing~

If you have time to make random guesses, what should you do? ?

Ps:

The wave of manufacturing relocation abroad that our country is experiencing actually started 15 years ago.

It’s just because of people’s differences in access to information and the lag in economic phenomena that it will explode this year~

Future developments in the post-industrial era, as mentioned in this chapter.

The 21st century will be the era of knowledge economy.

This point has already been revealed before short videos became popular.

For example: selling courses online. .

Another example: a certain Huhe certain degree library, a certain degree know, etc. .

Therefore, we live in an era where all kinds of knowledge are constantly saturated and bombarded. We must make ourselves aware of the necessity of lifelong learning and work hard to persist in it, so as not to be eliminated at an accelerated pace!

You can't make much money by watching videos and playing games all day long. .

of course!

If I say these things, everyone will feel unhappy. .

Please treat me like a fart and let it go~