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。
"The best ideas come from the people closest to the problem."
I used to walk down the street like I was a star... I want people to walk around delusional about how great they can be - and then to fight so hard for it every day that the lie becomes the truth.
The growth and development of people is the highest calling of leadership.
在不确定的时代，唯一确定的就是变化本身。