The welfare cost of business cycles is not the cycles themselves but the inability of individuals to smooth consumption over time.
经济周期的福利成本并非周期本身,而是个体无法随时间平滑消费的能力。
The city is a living organism that we must treat with care.
无论别人怎么说,你都是美丽的。
人们永远不会注意到已经做了什么;人们只能看到还有待完成的事情。