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。
我们的后代将创造令我们惊叹的成就，但其实只要我们的足够的想象力，他们会创造的部分东西，用今天的材料和工具就已经能实现了。所以，要想得更大一点。
I love to compete. That's what I do.
"Children deserve art that challenges them as much as it delights them."
If you want people to do something, make it easy.
Politics has no permanent friends or enemies, only interests.
