Super Shenhao Technology System

"This is supported by data. Language can deceive, but data will not deceive people."

"And one of the most absurd aspects of Solow's theory is that he gave the incomprehensible factor in the driving force of economic growth a nice name-total factor growth rate."

"For scientists and engineers, I don't know about this matter, but I don't know. If the economy grows so fast, you have to calculate it. You have to deduct labor contributions, capital contributions, and population contributions. What is left? No. Is it the advancement of science and technology?"

''Zhou Xin: "The technological progress brought by Future Technology Group as a high-tech company stimulates economic growth."

Li Linfei: "Let's not talk about the coastline, a company is still a company even if it is a giant company with a bright future."

"Scientific progress is definitely like our technical research. The goal is very clear, that is, continuous improvement, upgrading, and subversion."

"Tossing around like a drunkard, will technology improve? Solo has left a pile of residue, I don't know what it is, and a total factor growth rate."

"The scientists and technical engineers are very sincere, I don't know what it is to be honest and say I don't know, it's open to explanation."

"According to Solo's theory, the result is absurd. China's economic growth rate is much higher than that of the old United States, so it is said that China's TFP is not as good as that of the old United States. If China is marketized, the economy can still be faster than it is now. It is simply a dream. "

Zhou Xin: "Mr. Li is as sharp as ever."

Li Linfei: "Hehe, in fact, it is very simple for me to refute Solo's theory. I will counter him with an opposite theory, which was also proposed by them in the West. It is called the 'endogenous growth theory'. There is a seemingly reasonable but actually wrong The theory that knowledge is accumulated.”

"Okay, then the UK was the initiator of the Industrial Revolution. According to this logic, of course the UK has accumulated more knowledge. Go to Oxford and Cambridge in the UK to check. The knowledge documents collected by the British are definitely more than the old Americans, right?"

"Then let me ask you, is the UK's economic growth and technology stronger than that of the US? Not necessarily?"

"So from this article, we know that Solo's theory is extremely unreliable. Why? His theory assumes that the accumulation of knowledge is a sudden increase in scale, which means that the larger the scale, the faster the growth."

"If this is true, and his prediction is that the gap between the north and the south will become wider and wider, the rich will get richer, and the poor will get poorer. If his theory is true, then according to his theory, there is no hope for the rise of developing countries. There is no hope of companies disrupting the old giants, right.”

"But what about the reality? Our Huaxia has taken off!

"The growth rate of Ah San has been pretty good in recent years, as well as other emerging market countries and enterprises."

"And what is the actual situation in this world that we see? Some big countries have risen and some have fallen. The United States has taken off in full swing after the war. The former boss, Britain, has now become the younger brother of the United States. Right, the United States is now in the Decline is a global consensus, and China is taking off in an all-round way.”

"Some companies have risen and become newly-rising giants while others have declined. Google, Facebook, and these newly-emerged super multinational giants, Sony, Motorola, and Nokia have collapsed and collapsed."

Zhou Xin: "Mr. Li, you have forgotten that the most dazzling future technology group that should not be ignored is also the rise."

Li Linfei: "Of course I know this, but I'm not the founder of Future Technology Group. Isn't it a bit boastful to say it, although I know it... Forget it, remember to pinch this paragraph, haha."

Zhou Xin: "Hehe, okay."

Li Linfei: "So some companies are happy and others are sad. My conclusion is that it is neither the convergence of exogenous growth nor the divergence of endogenous growth. It is proposed by Professor Chen, a physics and economics scholar at Fuda. metabolic growth theory."

"To explain Professor Chen's metabolic growth theory, it is necessary to re-understand Adam Smith's problem. Smith's problem is self-contradictory. He has a guess, and here I want to criticize it."

"Smith didn't dare to write it into his title. When he discussed whether international trade needs intervention from above, he used a metaphor called the invisible hand and told a story."

Chapter 1000 Two hundred 33 Interview (3)

Zhou Xin: "What story?"

Li Linfei: "The story says that the Netherlands is a coachman on the sea. He transports a ship of grain from Königsberg to Portugal for trade, but he can't come back empty, right? So when he goes back, he can pack wine or other products. Adam Smith believed that trade would automatically balance itself."

"Is it really balanced? It's a very simple question. Let me ask Ms. Zhou, do you think the value of this boat of food and that of wine will be equal?"

Zhou Xin: "Of course not. A shipment of wine is definitely more expensive than a shipment of food. Just like shipping a shipment of PHC2.0 to Laomei, the sales value may be tens of billions of dollars, and returning a shipment of soybeans may cost tens of millions. It’s a problem that ordinary people know about.”

Li Linfei: "So there is no need to elaborate on the conclusion. Let me give you a few more examples. Why did Britain fight the Yapian War? This can be answered with economic questions."

"Because the British love to drink tea from the Chinese people, the UK continues to have a trade deficit, and it can't be balanced even if it fights. In the end, it has to grow tea in the northeast of Asan, and it has to use visible hands to repair the railway before it can be shipped out. It took about 170 years before and after to balance the trade."

"Another example, from [-] to now, how many years has the US maintained a persistent trade deficit? Is it balanced? Not necessarily."

"So with textbookism in mind, after reading a few books on Western economics, do you think that the market can automatically balance trade? No, yes, yes!"

……

"Moreover, Western economists themselves don't understand what the root of the error is. If they understand it, it will be even more extreme. Then they pretend to be confused and mislead the world, but I don't think they understand it."

"Then have we made any contribution? I think we have, that is, we have re-understood Adam Smith's theory and proposed a general Smith's theorem."

"It means that no matter whether the division of labor is limited by the size of the market, it should actually be subject to triple restrictions. The first is limited by natural resources."

"Our country's natural resources have many restrictions, so we know that it is impossible to expand so much. Natural resources such as oil resources and natural gas are limited. The second is the market size, but the third is the contribution of our Chinese people."

"If your market fluctuates greatly and there are many turbulences, then your division of labor will inevitably change from complex to simple, so complexity and stability are a contradiction."

"Then you understand the crisis of today's Western society, that is, the development is too complicated, so it is actually very fragile, which will inevitably lead to an increase in cost and maintenance."

"For example, it is easy to restore the dozens of cows that the old Americans bombed the village of Yuenan. Is it a big trouble when they hit two buildings on [-]/[-]? Is it easy or difficult to restore? Is the maintenance cost high?"

"So relatively, if Laomei is impacted by the world today, its fragile nature is actually much higher than that of China. If we lose [-], then Laomei may lose [-]. The reason is very simple, right?"

"It is precisely because of this that we understand that if it is scale competition, there will be no equal exchange. Lao America now claims that developed countries have high GDP, but this does not mean that their real productivity is high."

Rather, it shows that it controls the discourse power of the international division of labor, technology, military, and financial hegemony. "

"So of course it can and has the ability to monopolize pricing, which is why we exchanged 8 million shirts for a Boeing plane. So you see, how can it be an equivalent exchange?"

"It's a little funny that the old Americans proposed not to free trade, but to have equal and reciprocal trade. This is really funny, because the most equal people enjoy the most resources in the world, pay the least labor, and control the world. The market, it also said that it suffered a loss? Everyone's comprehensive intelligence level is not much worse, right."

Zhou Xin: "Then Mr. Li, what kind of economic situation do you think we are facing today? What is the future world that will be a better world?"

Li Linfei: "What's the situation... Suppose there is an industry or company in a field, and it has no competitors. If you build a mathematical model, it should be an S-shaped curve with increasing returns to scale, and the turning point remains unchanged for a short period of time."

"But if it faces a new competitor, an old industry faces a new competitor, it will soon decline. Electric products used to have a screen era, but now a new competitor enters the market without a holographic screen display. Is it (with a screen) fading now?"

"The so-called metabolic theory is like this. The law of economic movement or the law of industrial movement is actually the same as the law of life movement, which has a life cycle."

"A life has a process of childhood, youth, adulthood, and finally aging and death, but the concept of cycle is uncertain. If the coastline is not born, right?"

"The era of screens may not start to decline now, so this is uncertain, and it is impossible for a person to emerge from the mother's womb after death for the next cycle, so metabolism."

"Then the concept in mathematics is called wavelets, one after another, so the waves behind the Yangtze River push the waves ahead, and the addition of one section after another is the macro-economy we see, which has growth and fluctuations."

"So we Chinese people not only have our own theories, but also have established a whole set of systematic mathematical methods that can accurately describe everything from a life phenomenon to micro-finance and macro-history in economics."

"We can develop a grand unified theory. This theory cannot be compared with Einstein, but it can be paralleled with him. Einstein's theoretical unification is based on the theory of particles in matter."

"What we are uniting is life with metabolism and economic and social phenomena. I won't talk about theory here. You can go to Fuda to find the right person and interview Professor Chen. He must be more professional than me."

"Then metabolic growth has an inevitable result, and we can really discuss what the modern marketization means."

"That is, you can regard any industry as four stages. The first stage of development is like basic scientific research. Can it make money? The answer is not sure, I don't know."

"So scientists and research institutes can't make money. They either rely on government grants, or non-profit funds to provide research and development funding, or they rely on capital or large companies to support them."