Optimal fiscal policy should be designed to mitigate the distortions caused by time inconsistency and political business cycles.
最优财政政策的设计应旨在减轻时间不一致性和政治经济周期引起的扭曲。
"A book is a conversation across time."
My words in her mind: cold polished stones sinking through a quagmire.
Money is not my motivation. I’m driven by my passions.