Manhattan Reborn 1978

new York.

Afternoon~

Manhattan, at the intersection of 42nd Street and First Avenue.

David stood on the street and glanced at the tall United Nations Headquarters building, then turned to look at the quietly flowing East River, and let out a sigh of relief.

His mentor, Professor Armstrong Bartlet, got off the car and smiled and nodded to Giovanni, the driver who brought them here, to express his gratitude. He patted David on the arm and walked to the south gate of the United Nations Headquarters first.

. . .

Ten minutes later.

David stood in the front hall of the large conference hall of the United Nations Headquarters, following his mentor, Giles, and Bloomer, and politely greeted many of Professor Bartley's old friends.

At this time ~

Professor Paul Samuelson "appeared" out of nowhere, walked up to Professor Bartley, and whispered a few words to him.

David, who was standing not far away, saw from the corner of his eye that the smile on his mentor's face had disappeared, and he looked around in surprise.

The result. . It really made him see the "protagonist" of today's meeting, Professor Milton Friedman, an internationally renowned economist and leader of the Chicago School.

Professor Friedman is not very tall, and his hairline has "shifted" back a lot over time. .

But his whole person was very energetic, and he exuded a strong and confident aura that made everyone around him unconsciously keep their distance. .

Of course, Professor Bartlet also saw Professor Friedman, who was wearing a crisp suit and talking and laughing warmly to everyone around him.

He patted his old friend Samuelson twice with his hand, slowly straightened his chest, and walked towards Milton Friedman who was not far away.

"Hey~ There's going to be a good show again!" Bloomer tried his best to maintain a "fake smile" and walked to David and whispered.

"A good show?"

"That's right!" Blumer pulled Giles over from the side, and the three of them got together and started chatting in whispers.

Giles: "More than a dozen years ago, during President Kennedy's time, Professor Friedman questioned Professor Bartlet's economic theory research on many public occasions in Washington."

Bloomer chuckled and nodded: "Unfortunately, not long after Professor Friedman was re-employed by President Kennedy, he..."

David couldn't help but rolled his eyes, made a small move that no one else could see, and whispered.

"You guys are such gossipy bastards!"

"Tsk tsk~ Aren't you?"

"That's right! Among the three of us, you are the one who likes to gossip about other people the most..."

"Who said that?"

"I was...discussing the matter! Not gossip!"

"Shit~"

"Yes, you are talking nonsense!"

"You are right here..."

"I didn't! You two are the gossips who love to discuss people behind their backs!"

"What are you talking about?"

Just as the three of them were "pinching" each other, a familiar voice "awakened" them.

David turned to look at Giles' father, Mr. Morgan, with a calm face, and smiled.

"We are discussing who is the favorite..."

"Woo, ow~!" Blumer quickly covered David's mouth with his hand and explained to Old Morgan with bared teeth.

"That...we..."

"We are discussing who to ask for an autograph first!"

"Yes!" Giles suppressed his laughter and quickly echoed from the side.

"Today, many respected and well-known experts and professors came to attend the meeting."

"So we're going to wait until there's a break between meetings..."

"Oh?" Old Morgan understood that these two boys were talking nonsense, smiled nonchalantly and looked at David whose mouth was covered, and asked.

"Will you accompany me to meet some friends later?"

"Woo..." David widened his eyes and nodded.

"Haha~" Old Morgan held back his laughter, raised his eyebrows and turned away.

Judith K. Morgan (Julie), the "Mediterranean Uncle" who had been following him silently just now, walked forward slowly, glared at Bloomer, and asked David.

"There is a party tonight. Are you coming to join it?"

Blumer "obediently" let go of David, moved two steps sideways to "hide" behind Giles, and ate in silence.

David raised his hand to rub his chin, tilted his head and looked directly at "Bad Uncle" Julie, and asked curiously.

"You don't need me to say anything this time, right?"

"Hahaha~" Julie raised her head and laughed, pointing at David and mockingly.

"Look at how timid you are!"

"What are you afraid of?"

"Don't you still have confidence in yourself?"

"No..." David pursed his lips, spread out his hands, glanced around quickly, and whispered.

"Maybe in another environment, I can be more confident..."

"But here, it's not my turn to speak..."

"Hahaha~" Julie looked around with a smile, the expression on her mouth was very intriguing.

"Some of them are afraid of another oil crisis and want to come over to see if they can find a way to survive the crisis."

"And some people... think this is another rare opportunity, and hope to use this opportunity to stand out and gain more people's attention and recognition."

"What about you?"

"Are you afraid of the oil crisis?"

"I'm not afraid."

"The most important thing is, it's useless for me to be afraid." David made a face to Julie and shrugged.

"If a person's life is like a straight line without any ups and downs, boring and boring, you can see what you will look like in a few decades at a glance..."

"Is that still called a happy life?"

"That's not life, that's hell!"

"Hahaha~" Julie was amused again.

He took a step forward and stood side by side with David, looking at Professor Bartley, Professor Friedman and Professor Samuelson not far away, and whispered.

"I didn't expect that there would be such a big scene with thousands of people gathering today..."

"Yeah..." David ignored the looks from his two bad friends, looked up at the crowds of people around him, and the group of participants who actively gathered outside the inner circle, and whispered.

"More and more people begin not to believe that academic research is different from power struggles, and believe that all rules are controlled by some hidden rules."

"Oh?" Julie tilted her head and looked at David in surprise, wanting to hear what else he could say.

David shrugged with a relaxed expression, and continued with a hint of fatigue and laziness.

"Perhaps, from now on more and more people will lose their faith..."

"They will pursue status and reputation and forget the meaning of pursuing truth."

"They will discuss each other's work remuneration and achievements with their friends, but they will no longer talk about their ideals and ambitions."

"So in the future, there will definitely be a very interesting phenomenon..."

"There will be more and more people in academia who like to be officials, like to be noticed and sought after, and like to be in the limelight in the media~"

"And they all seem to have forgotten that any knowledge and theoretical research cannot be based on results!"

"That's not advisable, and it's even more unfair!"

"It's been a long time..."

"It's hard for me to imagine if anyone can remain sane and see the truth clearly."

"In the past decade or so, economic experts have been questioned because countries have been affected by inflation."

"Do you think there are still people who can continue to stick to their own positions and opinions, and still have firm beliefs in this era full of doubt and denial...?"

"Haha~" Julie said after hearing David's somewhat incomprehensible sigh, her eyes stayed on a person in the distance.

"Look, that is the most representative economics expert of the public choice school in the country, James Buchanan. Next to him is Professor Robert Lucas Jr., who has attracted much attention recently."

"James Buchanan was a student of the late Professor Frank H. Knight, a famous economist."

"So, he also entered the University of Chicago to teach a few years ago."

"Well, I know them." David looked at James Buchanan with empty eyes and whispered.

"I haven't had time to read Professor Buchanan's representative works, "The Calculation of Consent," "Fiscal Theory and Political Economy," "Public Finance in the Democratic Process," "The Limits of Freedom," and "Freedom in Contract," etc. .”

"Pioneering by Robert Lucas, Jr."

"Haven't you read it yet? Then don't read it~"

"You don't want to be a scholar specializing in economic theory anyway, right?"

"Forehead.."

"Haha~" David acquiesced to Julie's words with a dry laugh.

Julie glanced at Giles and Bloomer seemingly intentionally, then pointed at someone and said.

"Look, the old man wearing black-rimmed glasses chatting with Professor Samuelson is Professor Murray Rothbard, a well-known scholar of the Austrian School of Economics."

"The middle-aged man next to Professor Rothbard is also an outstanding representative of the new generation of the Austrian School, Israel Kirzner."

"You should all know the tall man behind them, right?"

"He's the president of Princeton University, Guy Luther."

"The beautiful lady standing next to him, her name is Claudia Golding..."

"I know her!" Giles suddenly said.

"She is from New York and is only 33 years old."

"She received a bachelor's degree in economics from Cornell University in 67, a master's degree in economics from the University of Chicago in 69, and a doctorate in economics from the University of Chicago in 72."

"Afterwards, she entered the Department of Economics at Princeton University as an assistant professor of economics."

"Oh?" Julie looked at Giles with great interest and asked.

"Have you been paying attention to him?"

"Um...it's not me." Giles rubbed his nose out of habit and explained.

"Among the young female professors in the domestic economics field, she is the only one who is the most dazzling economist."

"Who said that?" Blumer retorted jokingly from the side.

"Look over there~ Professor Annette Yellen, who is also 33 years old this year, taught us at Harvard University!"

"She's different!" Giles felt that his friend was making excuses and shook his head in defense.

"she.."

"Haha~" Julie smiled at the "argument" between the two and continued to introduce to David.

"Look at the tall, fat middle-aged man standing opposite President Guy Luther. His name is Angus Deaton, and he is a professor of economics at the University of Bristol in the UK."

"The book "Economics and Consumer Behavior" co-authored by him and his friends has been basically finalized and is entering the final stage of proofreading and revision."

"Many of the contents in this book are similar to the behavioral economics you mentioned."

"Then I should find an opportunity to have a good chat with him!" David remembered Angus Deaton seriously, and Julie's voice came to his ears again.

"Over there, the few people who just walked in from outside the hall walked towards the little middle-aged man named Avinash Dixit, Principal Guy Luther."

"He was born in India, graduated from the University of Mumbai, and later entered the Massachusetts Institute of Technology and received a PhD in economics."

"In 77, he was elected as an academician of the World Econometric Society, the largest and highest-level economic society in the world."

"President Guy Luther also values ​​him very much and hopes that he can teach at Princeton University."

"Avinash Dixit...!" David looked into the distance and repeated the name in a low voice.

"He seems to have published... "Optimization in Economic Theory", "Balanced Growth Theory" and other works."

"But I have only seen these two books of his in Princeton University's Flint Library, and have not read them carefully..."

"Let's talk about this later."

Julie pointed at the person behind Professor Avinash Dixit and said.

"That is Amartya Sen, professor of political economics at Drummond College, All Souls College, Oxford University."

"This professorship has only been held by outstanding economists such as N. Senior, J. Hicks, and F. Edgeworth before."

"This reflects his leadership in the economics community at Oxford University."

"Senior? Hicks?"

"Naso William Senior, the famous classical economist of the last century, and Professor John Hicks, who won the Nobel Prize in Economics?"

"Yes, it's the two of them."

"Unfortunately, Professor John Hicks, who is 75 years old this year, has been shutting himself in and focusing on writing since his retirement."

"He is the creator of the general equilibrium theory in microeconomics and proposed a complete equilibrium model for the integrity of commodities, production factors, trust and currency."

"There are many innovations in the preparation of this model, including further improving the original consumption and production theory, clarifying the conditions for the stability of multiple markets, expanding the scope of application of static analysis methods to include multi-period analysis, and using A theory of capital based on the assumptions of profit maximization.”

David nodded in agreement and continued: "Professor Hicks is the earliest pioneer of microeconomics in macroeconomics."

"Keynes believed that the existence of involuntary unemployment is a normal state, and the mechanism of market operation has limitations."

"Professor Hicks' view is exactly the opposite!"

"He believed that the situation described by Keynes was a special case and that general equilibrium was the norm."

(Three hundred words are omitted here...)

"The model he proposed has also become a very important link between the general equilibrium theory and the popular business cycle theory."

"The business cycle theory (i.e., Business Cycle) that I plan to study in depth will fully draw on the content of his book "Value and Capital" published in 72."

"Oh?" Julie asked slightly surprised.

"Has the book you are going to write now finished?"

"Not yet~"

"But I am confident that I can finish it soon!"

Julie was speechless as she looked at the confident young boy David. After thinking for a moment, she smiled~

He raised his hand and waved to him, sighing: "In this hall, you are the youngest and most potential new generation!"

"Um...are you trying to flatter me?" David asked the "bad old man" Julie when he saw the "unhappy" expressions on his bad friends' faces.

"Are you too timid?"

"I think it's big enough!"

"Hahaha~" Julie threw her head back and laughed.

Both Giles and Bloomer gave David a thumbs up for his "sharp counterattack."

David selectively ignored the two of them, quickly looked around Professor Samuelson, "searched" for a middle-aged man, and asked.

"Who is that person following Professor Samuelson?"

"Oh~ His name is Jagdish Bhagwati. He studied at Cambridge University, MIT and Nuffield College of Oxford University, successively following Professor Hicks, Professor Robert Thoreau and Samuel I studied with Professor Erson.”

"In 71, he founded the magazine International Economics, which was well received by many domestic economists and scholars."

"..." After hearing this, David frowned and fell silent.

Bloomer watched from the side as he showed a thoughtful expression for the first time. He looked at Jagdish Bhagwati in surprise, thinking there was something different about him.

However, Blumer guessed wrong!

The person David looked at was not Jagdish Bhagwati, but a small woman standing farther away and more marginally, Annette Yellen!

Because David finally remembered that this was not the first time he met Annette Yellen today. The two of them had met once in London.

But at that time, David was just a casual observer who slipped into the LSE class, and Annette Yerlen was the lecturer on the podium.

Julie glanced at David who was deep in thought, waved to Giles and Bloomer, and left with a smile on his face.

Giles walked behind David curiously, followed his line of sight, and found that the most "conspicuous" people in front of him were actually Guy Luther, the president of Princeton University, and the beautiful professor standing next to him. Claudia Goldin.

Blumer put his arm around Giles' shoulders and whispered with a smirk on his lips.

"Hey~ tell me, does he have a crush on Professor Golding?"

"Uh...!" Giles opened his mouth in surprise, blinked and replied.

"No way?"

"Why not?"

"Haven't you noticed yet?"

"None of the women around this bastard is younger than him..."

"Do you think he has a strong preference for older, more mature women?"

"Like Professor Golding!?"

"Haha..." Giles tugged at the corner of his mouth, rolled his eyes, and was speechless.

David, who had "inadvertently listened" to the conversation between the two, turned to look at Blumer and whispered with a hint of mockery.

"You little brat, do you know what a woman is?"

"Tch~ do you understand?"

"Yup!"

"Believe it or not, I can make an appointment with her right now...to have dinner with her?"

"what?"

"Stop joking!" Blumer and Giles were both shocked.

David had a vague smile on his lips, pointed at the two of them with his hand, and turned towards Principal Guy Luther.

But just when he took a few steps, a tall middle-aged man walked in from outside the hall, which immediately attracted all his attention.

The person who came was none other than Paul Volcker, the representative of the New York Federal Reserve Bank!

David stopped and stood there, taking a quick glance at Annette Yerlen, who was standing on the outskirts of the crowd in the distance. Countless thoughts flashed through his mind, and finally he walked towards her.

Paul Volcker is not someone he can "climb" yet.

Eat rice one bite at a time.

Plan, step by step.

So David decided to let go of this "good opportunity" to get to know Paul Volcker and "get" Annette Yellen first, and then~