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。
译文:从深山里开采出来,经过千锤百炼,烈火焚烧也毫不在乎。就算粉身碎骨也不怕,只为在世上留下清白的名声。
"A good story should both disturb the comfortable and comfort the disturbed."
我认为人生中最重要的是自爱,因为如果你不爱自己,不尊重自己的身体、灵魂和存在,又怎么能和别人建立健康的关系?
The walls of the educational system must come down. Education should not be a privilege, so the children of those who have money can study.