A well-designed deposit insurance system can prevent bank runs without creating excessive moral hazard.
设计良好的存款保险制度可以防止银行挤兑,同时不会造成过度的道德风险。
The art of any culture is the exponent of its social relationships.
学校是人类的工坊。
Understanding the complexity of quantum systems is key to unlocking their computational potential.
可持续性不是一种趋势,而是生存的必需。
Education begins the gentleman, but reading, good company and reflection must finish him.
故事是我们理解自己生活的方式。
两个人一条心,日子越过越好;反之则越过越穷,一事无成。