Potion Danomi de Ikinobimasu! - Vol. 2 Ch. 7.2

[MangaDex]

 

[Waifuhunter101]

Why is a Loli teaching me Economics? (This method is used in the recent US Tax reform for lowering the corporate tax rate)

 

[Vasqueztion]

So nice they posted it twice?

And there's the isekai harem we're all fond of. But which one will get their dick wet first? FIND OUT NEXT TIME ON- THIS!

 

[ekko]

@waifuhunter - because cute girls make the best economics teachers (see also: Spice & Wolf, MaoYuu)

 

[AbuHajaar]

Tax cuts Make Isekai Great Again

 

[Aleh]

... well, the translation's grammar took a noticable turn down in this one...

 

[Poplar]

Wow, that was hard to read.

 

[raiden55]

Her advice will fail for sure for a very simple reason : workers are tired and surprised by the lowering of the tax, so they will only think short term (like the lords), and won't buy better tools.
If the lords want that, they need to make the tax lower only if they use the difference to buy tools (like proving they bought it when the collector comes by).

 

[Chrisis]

I didn't notice any problem with the grammar at all :/
I thought this was quite easy to read.

 

[DrWhoCares]

@Chrisis There's certainly issues with the the grammar and typesetting, which does make it difficult to read, even if you can guess what the translation should be.

There are quite a few scanlators that are not native English speakers, and translate from their native translation (or Chinese) to English. The translation is exceptionally bad when there are times when it becomes difficult or impossible to derive a better translation from the English text. This one suffers from that quite often, and would likely be a better read overall if there was some sort of proofreader who could help form a better English translation.

 

[homage]

@DrWhoCares 7.2 translation seems to be better than 7.1 hopefully the quality will not dip again.

 

[DrWhoCares]

@homage That's true. I believe Loli Mamoritai said in a different scanlation that they are Vietnamese? Or maybe Malaysian. I think the quality fluctuates a bit depending on how complex the dialogue is. They really need to find a decent proofreader and it should work out well.

 

[lightng]

Economics, the ultimate power in isekai. It's like magic. So exoteric,full of mysticism and superstitions that a lot of it is completly removed from reality. And like religion, a lot of it is faith based, only exists because it's old and backed by huge instituions. And yet it is fed to the masses as the undeniable Truth. There's a reason Columbia U puts Marx as the #1 must read to understand economics.

 

[PerfectDeath]

@raiden55 Her advice is very situational, from a capitalist perspective the workers would invest their profits into tools that would improve their productivity. That improved productivity would allow the workers to achieve their previous workload with more free time to spare. The workers could then use the free time to work on side crafts or increase their workload in other areas to potentially generate more revenue.

However, like you mentioned, the assumption that the workers would use their spare income to invest in tools, etc and the assumption that free time would not be spent idle is not guaranteed.
Idleness was something pretty uncommon in feudal societies where the reigning lords would push people close to their limits in order to prevent idleness. Idleness in one perspective is lost productivity; however, in another perspective idleness is opportunity for individual effort and innovation.

It is certainly not a short-term solution and it is from a capitalist perspective which would be unrealized in a feudal society. Some people may be itching to replace/acquire new tools, renovate their home, etc while others would just drink and eat instead.

 

[bluethings]

Yeah, the thought of everyone becoming idle in feudal society is kinda unlikely seeing how most of those people are entrepreneurs selling their works through their crafts to make money. They don't have pensions and stocks or anything here to actually coast on. Money is made off of what they produce. The concept should pan out as long as everyone isn't sitting around with an economist on how they can cruise through the situation in the most optimal way. For people who live off their craft, lower taxes means you can improve your tools + way of life. Which is why lowering for merchants is important as they can bring both of those.

I'd say the real problematic situation is what happens if the other lords, upon seeing that the lower taxes have been pulling their merchants away, decide to lower taxes too. She presents it as a short-term solution because it can definitely help in the immediate moment. But if they don't raise taxes back to the norm, the lords as a whole can find themselves in a race to the bottom which would hurt overall finances in the long term.

But really, all of this is just speculative and any number of things can happen. That's why economists make money. They know a lot more than the random person in a comment section of a manga website.

 

[Pokari]

But really, all of this is just speculative and any number of things can happen. That's why economists make money.

Economists' predictive powers, outside of certain domains, are only slightly better than fortune-tellers throwing bones in a fire. (Note, aforementioned "certain domains" are important! But don't extend to general questions like the one posed here, "how do I make X profitable...")

Which is also one reason why you'd never see an "economist" spouting off predictions like this, in medieval times. As in modern times, you'd be wrong about half the times, except unlike modern times, you'd like as not lose your head after the first couple times you mislead the governance.

 

[Yamibi]

Oversymplified explanatnion
Plus mixing modern fiscal and free market ideas in a world/time so much diffrent than ours.
Naive.

 

[Kaarme]

This is ridiculous. However, if I was a noble in that city, I might actually pay such a small amount of money just to watch a girl give a lecture about half-nonsense with such a bright expression and strong self-confidence, using big words and concepts beyond her scope. It's like theater. I'd even clap my hands at the end.

 

[Robot_Ditto]

To be fair to the author making it too technical ie. more realistic would probably turn off casual readers. Also possible that they are young and unfamiliar with economics and governance (probably originated from narou, where I think anyone can post).

The grammar really got worse though.

 

[Liquidxlax]

@Kaarme what she said is true, though simplified and would work if they can take her simplified explanation and apply it to their country. I doubt they'd have the ability to guess how much they'd make on taxes be able to project numbers whatever.