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The ancients understood the regulation of power better than the regulation of liberty.

  • -- Edward Dahlberg 爱德华·达尔伯格

古人对权力的规定比对自由的规定更了解。

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Ancient Regulation

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If we want our regulators to do better, we have to embrace a simple idea: regulation isn't an obstacle to thriving free markets; it's a vital part of them.

如果我们希望我们的监管机构做得更好，我们必须接受一个简单的理念:监管不是繁荣自由市场的障碍;这是它们的重要组成部分。

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They are at the end of the gallery; retired to their tea and scandal, according to their ancient custom.

它们在走廊的尽头;按照他们古老的习俗，退休后他们喝茶，谈情说爱。

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Knowledge is ancient error reflecting on its youth.

知识是古老的错误，反映了它的年轻。

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Regulation needs to catch up with innovation.

监管需要赶上创新。

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