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Inflation is the one form of taxation that can be imposed without legislation.
通货膨胀是一种无需立法即可实施的征税形式。
弗兰科·莫迪利亚尼
The central idea of the Modigliani-Miller theorem is that under certain conditions, the value of a firm is unaffected by how that firm is financed.
莫迪利亚尼-米勒定理的核心思想是,在某些条件下,公司的价值不受其融资方式的影响。
弗兰科·莫迪利亚尼
The life cycle hypothesis suggests that individuals plan their consumption and savings behaviour over their life cycle.
生命周期假说认为,个人会在一生中规划其消费和储蓄行为。
弗兰科·莫迪利亚尼
Discrimination is more likely to be practiced by those who can afford it.
歧视更可能由那些能够承担其代价的人实施。
加里·贝克尔
The family is a small factory that produces human capital.
家庭是一个生产人力资本的小工厂。
加里·贝克尔
Crime is not caused by poverty but by the difference between what people can earn legally and what they can earn illegally.
犯罪并非由贫困引起,而是由人们合法收入与非法收入之间的差距引起。
加里·贝克尔
Discrimination is costly to those who practice it because it reduces the pool of talent available to them.
歧视对实施者来说是昂贵的,因为它减少了他们可用的人才库。
加里·贝克尔
The family is a little factory that produces and consumes goods and services.
家庭是一个生产和消费商品与服务的小工厂。
加里·贝克尔
Crime is not caused by poverty but by the difference between what people can earn legally and illegally.
犯罪不是由贫困引起的,而是由人们合法和非法收入之间的差距引起的。
加里·贝克尔
The economic approach to human behavior is not a substitute for other approaches; it is a complement.
对人类行为的经济学方法并非其他方法的替代品,而是一种补充。
加里·贝克尔
Crime is not an irrational act; it is a response to incentives and constraints.
犯罪并非非理性行为,而是对激励和约束的回应。
加里·贝克尔
Education is an investment in human capital that pays off in terms of higher productivity.
教育是对人力资本的投资,会以更高生产率的形式获得回报。
加里·贝克尔
The economic approach provides a valuable unified framework for understanding all human behavior.
经济学方法为理解所有人类行为提供了一个有价值的统一框架。
加里·贝克尔
The assessment of justice must be based on some kind of comparison of the actual societies with the feasible alternatives.
对正义的评估必须基于对实际社会与可行替代方案的某种比较。
阿马蒂亚·森
Human beings are thoroughly diverse. It is a small wonder that a theory that reduces us all to the same type would miss much of what is important in our lives.
人类是极其多样化的。一个将我们所有人都简化为同一类型的理论会错过我们生活中许多重要的东西,这并不奇怪。
阿马蒂亚·森
The success of a society is to be evaluated primarily by the substantive freedoms that the members of that society enjoy.
一个社会的成功主要应通过其成员所享有的实质性自由来评估。
阿马蒂亚·森
Human beings are thoroughly diverse. It is a small and limited mind that sees people only in terms of one dimension of their being.
人类是极其多样化的。只从人的一个维度来看待他们,是一种狭隘和有限的心态。
阿马蒂亚·森
The perspective of freedom is central to understanding development because it directs attention to the ends that make development important, rather than merely to some of the means that, inter alia, play a prominent part in the process.
自由的视角对于理解发展至关重要,因为它将注意力引向使发展重要的目的,而不仅仅是过程中起突出作用的一些手段。
阿马蒂亚·森
Development requires the removal of major sources of unfreedom: poverty as well as tyranny, poor economic opportunities as well as systematic social deprivation, neglect of public facilities as well as intolerance or overactivity of repressive states.
发展需要消除不自由的主要根源:贫困和暴政,经济机会的匮乏以及系统的社会剥夺,公共设施的忽视以及压制性国家的过度活跃或不宽容。
阿马蒂亚·森
We shall not grow wiser before we learn that much that we have done was very foolish.
在我们认识到我们过去所做的很多事情是非常愚蠢的之前,我们不会变得更聪明。
弗里德里希·哈耶克
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