Policy rules are better than discretion because they avoid the time inconsistency problem.
政策規(guī)則優(yōu)于自由裁量,因?yàn)樗鼈儽苊饬藭r(shí)間不一致性問(wèn)題。
It's not having what you want, it's wanting what you've got.
我們完全手足無(wú)措地踏上生命的后半征程。普通大學(xué)把年輕人引入知識(shí)世界,什么學(xué)校能讓四十幾歲人為未來(lái)生活做好準(zhǔn)備?沒(méi)有這種學(xué)校,我們完全無(wú)備地踏入后半生;而更糟的是,我們假定現(xiàn)實(shí)和理想會(huì)一如既往地效忠于我們。但實(shí)際上,我們不能依照生命之晨,來(lái)度過(guò)生命之午后,因?yàn)槌繒r(shí)的偉大會(huì)成為傍晚時(shí)的瑣碎,而晨時(shí)的真理會(huì)在傍晚變?yōu)橹e言。
“讓我改變的事物會(huì)變成我自身的一部分?!?/div>
Color is my day-long obsession, joy and torment.
如果我們能找到自然的弱點(diǎn),就能征服它。
To sing is to pray twice.
Inclusive finance is not charity, but commercially sustainable financial services.