Agricultural giant since 1983

Chapter 181 Justin Lin

After the commendation conference was over, Li Lei stayed in the capital for another two days to meet Mr. Tong and Mr. Du. At their place, Li Lei met another celebrity. There are many, but when I met this one, I still took a few more glances.

Because this person’s experience is so legendary. He was originally from Baodao. At the age of 19, he was admitted to the Department of Agriculture and Engineering of National Taiwan University to study agricultural machinery. He served as the chairman of the student union. They all reported extensively.

After graduating from the military school, he studied for a master's degree in business management, and then entered the army. He has a diploma and is famous, and he is naturally very popular in the army. He was given the position of captain and company commander as soon as he went. It stands to reason that if such a person works steadily It certainly has a very bright future for its development.

However, whenever he looks at the mainland from the sea, he always thinks about a problem. If he wants to realize the rejuvenation of the Chinese nation, only the mainland can do it!No matter how good the economic development of Baodao is at this time, it can only be settled in a corner and cannot drive the whole of China to take off.

Over time, he slowly made a decision. Every time he went home on vacation to reunite with his wife, he would always tell him the story of Wang Baochuan's sixteen years of hard work in the cold kiln.

Then one night, he first used his position to issue a curfew order. While other soldiers were in the camp, he carried a water bottle, wore a life jacket, and carried two basketballs as life buoys, sneaked into the sea and swam. It took three hours to swim to the other side.

When he arrived in the mainland, he revealed his identity to the defenders. When the mainland heard that there was such an outstanding talent who took the initiative to defect, he was naturally very welcome. After listening to his opinions, he was arranged to study in the Department of Economics of Peking University. Influenced by his family, he changed his name to Lin Yifu and entered the campus of Peking University.

At the time of reform and development, the mainland was still in poverty, but Baodao took advantage of the opportunity of global industrial transfer to develop rapidly and became one of the four Asian tigers. The per capita income far exceeded that of the mainland. Under such circumstances, he was able to take the initiative Choosing the mainland is definitely not something ordinary people can compare with.

However, this was only the beginning of his legendary experience. In his second year at Peking University, Theodore Schulz, a Nobel laureate in economics the year before, came to Peking University to give lectures.

Naturally, Schultz does not understand Chinese, so he had to find an interpreter if he wanted a lecture. Lin Yifu got this opportunity because of his excellent English. During several days of contact, Schultz was also conquered by Lin Yifu's talent.

Different from other students, Justin Yifu Lin has a unique insight and love for economics; so after Schultz returned to the United States, it didn’t take long for him to throw an olive branch to Justin Yifu Lin and invite him to study at the University of Chicago. .

The Chicago School is one of the most prominent hilltops in economics, and you can also study with a Nobel Prize winner. Such an opportunity is so rare that Justin Yifu Lin couldn’t find a reason to refuse, so he went to Chicago in the second year. His wife also went to the United States to join him.

During his study at the University of Chicago, Justin Yifu Lin's research direction was how to solve the problems of China's rural modernization. His graduation thesis was "China's Rural Reform: Theory and Evidence".

After getting his Ph.D., he worked as a postdoctoral fellow at Yale for another year in order to wait for his wife to graduate. He just returned to China not long ago and worked as the deputy director of the Development Research Institute of the Rural Development Research Center. He happened to be a subordinate of Mr. Du. Today he When I came to Du's old house as a guest, I happened to be bumped into by Li Lei.

"Xiao Lin, you have just returned to China, and you don't know much about the changes in the country in the past few years, especially the changes in the countryside. I suggest that you don't rush to start work, and spend a few months walking around first, and more Intuitively understand the current situation in the countryside, so that we can work better!" Mr. Du has always attached great importance to field research, and he also suggested Lin Yifu to do the same.

"Xiao Li has done a good job in the countryside in the past few years, and has driven many surrounding villagers out of poverty and become rich. Since you two have met here, I just go back with Xiao Li to have a look." Du Lao said to Li Lei in the river Yang's projects are highly rated. In Du's view, this is the development direction that the ideal countryside should have in his mind.

Therefore, everyone recommends it, especially to Justin Yifu Lin. This young man has registered with many high-level leaders and has a solid academic record. He is undoubtedly a new generation of heir to the study of China's rural economic issues, so let him go. read.

"I also have this plan. To be honest, although my graduation thesis is about China's rural issues, after I came to the mainland, I went to Peking University to study, and after staying in Peking University for a short time, I went to the United States. I really lack knowledge of the mainland's rural areas. I have a deep understanding, that article is mostly based on the macro level, and it is really necessary to strengthen the understanding of the micro level of rural areas in mainland China.” Justin Yifu Lin readily agreed.

He turned around and discussed with his lover in a low voice, and after obtaining his wife's consent, he turned to Li Lei and asked, "Mr. Li, how long are you going to stay in the capital?"

"I plan to go back tomorrow. I should be in Heyang this month, and I will go out next month." Some time ago, Wang Shi called and asked Li Lei to go to the special zone next month, saying that he had something to discuss with him.

"Then Mr. Du, I will ask you for leave now. I will go to Heyang with Mr. Li tomorrow." Mr. Du happens to be Lin Yifu's superior, which saves the time of asking for leave.

"This is a business matter, not a personal matter. How can it be considered a leave of absence? I'll just tell your director tomorrow. Oh, by the way, remember to keep the receipt and reimburse your travel expenses when you come back!" Elder Du admired Lin Yifu's words very much. A decisive temperament.

Therefore, when Li Lei returned home the next day, he had an extra companion by his side. They had a long talk in the sleeper car. Li Lei discovered that at this time, Lin Yifu's economic philosophy was very different from what he understood in later generations. Different, I firmly believe in the mainstream Western economics represented by the Chicago School.

In this way, there is no way to communicate on many issues, because many cases that in Lin Yifu's opinion clearly do not conform to the logic of Western economic theory will develop very well in China in the future.

Li Lei can only say this, "Mr. Lin, any theory has its prerequisites. Western theories take the situation of Western developed countries as explicit or implicit conditions, simply copy Western theories, and apply them to countries in development and transformation. , due to different conditions, there will be jokes, and only theoretical innovation combined with reality can promote the development of developing countries."

This is why many Western economists have been advocating that China's economy will collapse, but the speed of China's economic development has slapped them in the face time and time again.

Justin Yifu Lin looked disapproving. In his opinion, scientific theories should be universal, but he is well-educated, so he temporarily stopped the dispute and chatted with Li Lei about other topics.

Li Lei also stopped persuading, he knew it was difficult to convince people with empty words, let the facts change his mind in the future.

In fact, Lin Yifu's transformation came very quickly. Next year, China's inflation will reach 18.5%, and there will be panic buying in many places.

According to Western macroeconomic theory, the means of governance is very simple, which is to raise the interest rate. After the interest rate rises, the investment cost will rise, and the investment will decrease. At the same time, the willingness to save will increase, and the consumption will decrease. Both investment and consumption will decrease, and the aggregate demand will decrease. , the price will drop accordingly.

Moreover, after the interest rate is raised, good projects will be retained because of their high return on investment and high interest rates, while poor projects will be eliminated. Therefore, raising interest rates is also conducive to the allocation of resources. This method sounds quite reasonable Bar?
However, the Chinese government at that time did not do this. Instead, it adopted a seemingly unreasonable method - governance and rectification, cutting investment and projects nationwide, and many good projects were also cut off.

This approach seems stupid, but Lin Yifu discovered after in-depth research that if the government chooses to raise interest rates, it will inevitably lead to serious losses for many large state-owned enterprises.

In this regard, the government has only two options: one is to let them go bankrupt, but the result will definitely cause a large number of unemployment and social instability, and many of them are related to national defense security, national economy and people's livelihood, and cannot go bankrupt at all; Fiscal subsidies, resulting in increased deficits.This must be monetized, and currency growth will boost inflation, falling into a vicious circle.

So the only feasible way is to use administrative means to cut down unimportant projects and suppress the total demand. After this incident, Lin Yifu's thinking has undergone earth-shaking changes, and he has gradually formed his own unique academic thinking.

Recalling these contents, Li Lei made a decision, that is, before the prices of various raw materials have risen, stock up a batch quickly, so as not to be caught off guard next year.

Then the content of the chat between the two changed from the macro to the micro, and it was much more enjoyable now. They fell asleep when they were tired of chatting, and continued chatting when they woke up, until the train arrived at the station.

Xu Zhengyang had been waiting outside the station for a long time, picked them up in the car, and drove all the way back to Heyang. When he arrived at Li Lei's house, Lin Yifu was shocked when he saw Li Lei's house. He had only left the mainland for a few years, and the mainland had Such a rich private entrepreneur?

Go in and look at the interior decoration. The more you look at it, the more tasteful it is. It not only has modern and simple elements, but also incorporates the unique style of Chinese architecture, which makes him feel very comfortable.

"I have a lot of houses. If Mr. Lin doesn't dislike it, you can live in my house these days!" Li Lei sent out an invitation, and at the same time, he was thinking about opening a hotel nearby. Nowadays, more and more customers and suppliers come from all over the country. There are many, and there is only one small and dilapidated guest house in Liushu Township, which is obviously not enough.

"If I still dislike this, then I don't know where to live!" Lin Yifu was speechless for a moment.

When eating in the evening, Li Qiyun was very curious about the life in Baodao. Justin Yifu Lin was used to this kind of thing, so he introduced it to him in a leisurely manner.

After dinner, I went to the yard to drink tea and continue chatting, then went back to my room to rest, and followed Li Lei to visit and investigate early the next morning.

"Where does Mr. Lin want to visit first? I now have a breeding farm, an agricultural machinery factory, a feed factory, a food processing factory, and a breeding base. This base is kept secret from outsiders. Mr. Lin can go there if he wants to, but it's best Don't bring this up in the public media." Li Lei asked.

"Let's take a look at the situation of other villagers in the village first, and then go to the agricultural machinery factory. Coincidentally, when I was in National Taiwan University, I majored in agricultural machinery, but I dropped out of school not long after." Lin Yifu is not only interested in These enterprises, as well as the economic factors in the life of ordinary farmers, the latter is even more valued by him.

"Okay, let's choose a few representative ones, richer ones and poorer ones to visit! But some things need to be made clear in advance. People in our village have much more opportunities to earn money than other villages, so Economically, they are better off than the people in most villages across the country, and if you want to see particularly poor places, you have to go to other villages." Li Lei gave him a vaccination.

Since he had studied agricultural machinery, Li Lei first took him to Li Xinfu's house, "This is my cousin. He bought a tractor to pick up jobs and made a lot of money."

"This is the tractor produced by your agricultural machinery factory? How much does one cost? Can ordinary farmers afford it?" Lin Yifu asked curiously.

"One is only [-] yuan. There is no better one on the market that is cheaper than it, and the one that is cheaper than it is not as good as it!" Li Xinfu proudly introduced the machine and how he bought it.

"However, even if it was two thousand and five, I couldn't get it out at the time. Fortunately, there are many people in our village who can earn money, so I borrowed it quickly. Xiaolei introduced another job that pays fast, and the money was spent in a month. I paid back the money in three months, and now I have earned several tractors, and I even talked about my daughter-in-law.”

Then he went to a poorer family. The patient in this family was bedridden for a long time, and the burden was not small. However, when talking about his life, he was still very optimistic. Compared with the village, it is much better."

"You can earn a lot of money just by raising chickens every year, and you can still have a lot left over after paying the bills. It's enough for the children to study, and the family expenses are enough!"

The three mentions refer to the three types of withdrawal fees that farmers hand over to village-level administrative units, including provident funds, public welfare funds, and administrative management fees; Childbirth expenses, militia training expenses, rural road construction expenses and special care expenses.

Three mentions and five reunifications add up to hundreds of dollars, which was not a small number in the 80s. If the grassroots cadres wanted to do something tricky, it would be even more, and many ordinary people could not afford it.

Because of the presence of Li Lei in Erdaowan Village, the villagers either go to work in the factory or raise chickens and pigs at home. Even if they are farming, because they can get fermented chicken manure and pig manure cheaply, they charge more than other villages. Some.

So even though they were very distressed when they handed over the three mentions and five regulations, they did not bear too much burden because of it. Other villages were different. When Lin Yifu followed Li Lei to visit other villages, he soon discovered at this point.

　Should be able to update tomorrow
　　
　
(End of this chapter)