In 1896, a German inventor named Llinthal flew the glider 2,000 times.
He ended up falling to his death — because the plane couldn’t balance as it was flying, and under the pressure of different winds, the plane crashed, and he broke his spine and died the next day.
Wright heard the news that inspired their work on the airplane: the Wright brothers were in the bicycle business and owned a bicycle shop at the time.
Their familiarity with the bicycle taught them that Lillintal’s failure was not whether the plane could fly, but how it managed to stay steady and balanced through the turbulence.
A bicycle is something that stays stable, and a bicycle is hard to keep stable because it has only two wheels.
He saw the plane as a bicycle with wings, and then figured out how to develop it — not just to fly, but how to balance it in the violent turbulence.
This is the story of the invention of the airplane.
This to our study economy, can have the enlightening effect of analogy analogy.
There is no doubt that China’s economy is now flying, but there are three challenges ahead:
First, from the open economy, the relationship between rich and poor countries.
This problem, from classical economists began to study, from David Hume, Smith began to study.Both of them are Scottish, Scotland is backward, England is developed.
There was tension after the merger.
Britain was far less developed than Spain, then the Netherlands, then France.So, the first generation of political economists, he looked at economic issues from this perspective, they were not narrow Scotsman, they were just looking at how rich I was, he was looking at it in the context of comparison, in the context of competition.
One of the problems is that once you have a backward country interacting with an advanced country, it’s a big challenge — you have low labor costs, you have high labor incomes, and once trade opens up, you have some degree of export of labor, the law of premium comes into play.Is the top earners falling or the bottom earner rising fast?This leads to an extremely complex conflict.Until this trade conflict between China and the United States, the economic problem behind it was between rich and poor countries.