Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.

  • -- Adam Smith 亚当·史密斯

消费是一切生产的唯一目的和目的;只有在促进消费者利益的必要时,生产者的利益才应当得到注意。

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The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

事实上,商业和投资支出才是经济和股市的真正领先指标。如果你想知道股市的走向,那就忘掉消费者支出和零售数据吧。看看企业支出、物价通胀、利率和生产率的提高。

Answers are not enough, students should be encouraged to ask questions and explore alternatives to the norm. Entrepreneurship and invention are the backbone of the new economy, yet I doubt they get more than a nod in economics courses.

答案是不够的,应该鼓励学生提出问题,并探索规范的替代方案。企业家精神和发明创造是新经济的支柱,但我怀疑他们在经济学课程上得到的肯定会更多。

You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you value your time and money.

你可能认为消费是一种相当被动的行为,但购买新产品和服务实际上是相当冒险的,至少如果你珍惜你的时间和金钱的话。

I can't think of any major innovations in technology that have influenced consumer behavior on the health insurance side.

我想不出有什么重大的技术创新影响了消费者在健康保险方面的行为。

Economy is too late at the bottom of the purse.

经济在钱包底部已经太晚了。