The future of economics lies in bridging the gap between theory and practice.
经济学的未来在于弥合理论与实践之间的差距。
Good policy requires both sound theory and empirical validation.
好的政策需要健全的理论和实证验证。
The best way to understand markets is to see them as dynamic systems.
理解市场的最好方式是将其视为动态系统。
The most elegant theories are useless if they don't correspond to reality.
如果不符合现实，最优雅的理论也是无用的。
In economics, the devil is often in the details.
在经济学中，魔鬼往往藏在细节里。
The goal is not just to design a market, but to design one that works well in practice.
目标不仅仅是设计一个市场，而是设计一个在实践中运行良好的市场。
Economic theory provides the tools, but real-world testing refines them.
经济理论提供工具，但现实世界的测试会完善它们。
The power of markets comes from their ability to aggregate dispersed information.
市场的力量来自于它们能聚合分散的信息。
Auction design is as much about psychology as it is about mathematics.
The best economic solutions are often counterintuitive.
最好的经济解决方案往往是反直觉的。