The welfare cost of business cycles is not the business cycle itself, but the fact that people are risk averse.
经济周期的福利成本并非周期本身,而在于人们是风险厌恶的。
Life is too short to hold grudges.
所有生而为人者都需要教育,因为他们注定要成为真正的人,而非野兽、愚钝的动物或木头。