The best way to understand labor markets is to look at real-world data, not just theoretical models.
理解劳动力市场的最佳方式是观察现实数据,而不仅仅是理论模型。
如果你不愿意努力工作,就别指望成功。
Markets fail when information is asymmetric or incentives are misaligned.
生活是10%发生在我们身上的事,90%是我们如何应对这些事。
The spread of liberal democracy and the integration of the world economy have created a situation in which the major powers are no longer willing to risk war with one another.