The welfare cost of business cycles is not the business cycle itself, but the fact that people are risk averse.
经济周期的福利成本并非周期本身,而在于人们是风险厌恶的。
全世界称誉也不会因而受到激励,全世界反对也不会因之感到沮丧;外界扰乱不了他平静的内心,他已经认清自我与外物的分别,辨明了荣与辱的不同境界。
Hard work and integrity are the cornerstones of any successful enterprise.
假设生活会非常艰难,然后问自己能否承受。如果答案是肯定的,你就赢了。
世界充满了诗歌。空气中充满了它的精神;波浪随着它的旋律的音乐跳舞,并在它的明亮中闪烁。
A sober looks shows that just have the world gotten to be a better place after all; it is also grown a bit worse at the exact same rate.; a one step up, a one step back sort of cosmic balance between forward progress, and cultural retreat, that puts man kind on a bell curve of existence.