Policy rules are better than discretion because they avoid the time inconsistency problem.
政策规则优于自由裁量,因为它们避免了时间不一致性问题。
我认为节俭驱动创新,就像其他限制驱动创新一样。从一个密闭的盒子里走出去的唯一途径就是创造一条道路。
If not me, who? If not now, when?
战争是一种精神现象。
The only way to do great work is to love what you do.