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。
I train like I'm not the best, so I can stay the best.
The Big Bang is not the beginning of everything, but the beginning of our observable universe.
"It is worth living long enough to outlast whatever sense of grievance you may acquire."
Don't wait until they tell you, you are ready. Show it. Do it.
Employees are the most valuable asset of a company, treat every one of them well.
The most sustainable resource is human ingenuity.