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May 16, 2023 8:59 AM
#1

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Feb 2012
4194
Volume 1, Chapter 1:

This story has been on my radar for years and I finally got around to reading it. There was a time when there was a push in Japanese fantasy to have modern political and economic concepts pushed onto a medieval world and vastly improve things, and this story was an isikai that came out at the tail end of that small movement.

My first impression with this series is that the author doesn't actually know that much about economics and politics, with this chapter showing a clear lack of understanding. Selling cash crops and importing food stock does not automatically result in starvation. The modern agricultural world operates like this because it has proven to be the most economic model that produces the most gains and the lowest prices. Now I honestly believe a medieval country would starve with such a trade policy because of their own internal regulations. They lacked the means to transport and store most food so society relied on a few key food items. Bread is what kept civilization around and bread was heavily regulated due to the guild system. So the problem the country in this story is most likely facing is that the farmers are making a whole lot of money, but bakers are unable to raise prices officially so they can't procure much flour. However, a black-market has emerged where prices are even higher than they should be and this is what people are relying on. The hero's policy of changing agricultural output is sound from a national security perspective even if it is economically inefficient. The main problem he should face is that land owners won't want to make less money. This policy will require state enforcement, which is currently an open question.

This story may work out in the end, but I doubt it will be anything special.
May 16, 2023 10:11 AM
#2
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Mar 2021
93
The Author has a very good hold on Economics and Politics. It comes out in the character design of the main character and that character's thought process.
May 21, 2023 10:25 PM
#3

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Feb 2012
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Eaterofworlds191 said:
The Author has a very good hold on Economics and Politics. It comes out in the character design of the main character and that character's thought process.
It would be better to say that the author has little understanding of Economical and Political History. Knowledge of how an economy works in a Liberal world order with Free Trade would little to help you in managing a Medieval country. A good example can be seen in how they the MC sells a third of the royal treasury. Who could even buy it? There would be no large market for such goods so selling so much would flood the market. Anyone familiar with accounting knows that dumping a whole bunch of assets at once in desperation means those assets will sell bellow their book value.
Jun 22, 2023 9:53 AM
#4
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Mar 2021
93
Phaetons_Folly said:
Eaterofworlds191 said:
The Author has a very good hold on Economics and Politics. It comes out in the character design of the main character and that character's thought process.
It would be better to say that the author has little understanding of Economical and Political History. Knowledge of how an economy works in a Liberal world order with Free Trade would little to help you in managing a Medieval country. A good example can be seen in how they the MC sells a third of the royal treasury. Who could even buy it? There would be no large market for such goods so selling so much would flood the market. Anyone familiar with accounting knows that dumping a whole bunch of assets at once in desperation means those assets will sell bellow their book value.

I think you are overthinking a bunch of the story. The author is being vague at the moment because he is setting the foundation for the world building he is doing. There are other countries besides Elfrieden (the kingdom) but they are not introduced in Volume 1. Only exceptions are the Gran Chaos Empire and The Northern territories that the refugees fled from. I don't want to say much more because I don't want to spoil any of the story.
Regarding the third of the treasury that was sold off it was mainly luxury items i.e gems and gold. The kind of items that hold a solid value no matter economic conditions. The other two categories he divided the treasury into was magical items. Then items of historical value.

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It’s time to ditch the text file.
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