A COLLECTION OF GOOD WORDS
经济
Economy
If you were approaching the TARP investments from a pure investment standpoint, then there's no doubt in my mind the taxpayer lost, and probably lost big.
如果你从一个纯粹的投资角度来看待问题资产救助计划的投资，那么在我看来，毫无疑问纳税人蒙受了损失，而且很可能损失惨重。
Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.
陷入困境的房产通常空置，年久失修，因此会以很大的折扣出售。随着不良资产销售所占比例的上升，房价下跌。
Of course. I favor passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.
答案是肯定的。你我倾向于对大多数投资者进行被动投资，因为市场是一种非常成功的将信息整合到股价中的工具。
To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westers about what the market really means.
谈论计划经济体系就是用旧的术语来谈论，我发现自己有时不得不教西方人士市场的真正含义。
I respect the state workers and I respect their unions, but we simply can't afford to pay benefits and pensions that are out of line with economic reality.
我尊重国家工作人员，也尊重他们的工会，但我们根本支付不起与经济现实不符的福利和养老金。
Spain is facing an economic situation of extreme difficulty, I repeat, of extreme difficulty, and anyone who doesn't understand that is fooling themselves.
西班牙正面临着极其困难的经济形势，我再说一遍，极其困难，任何不理解这一点的人都是在愚弄自己。
Macau is limited in size and land is expensive, so gaming and leisure development must be more efficient. We follow a very conservative financial strategy.
澳门面积有限，土地价格昂贵，因此博彩和休闲产业的发展必须更有效率。我们遵循非常保守的财务策略。
Our goal should be to make decision makers internalize the full consequences of their decisions, rather than prevent them from making decisions altogether.
我们的目标应该是使决策者将他们的决定的全部后果内在化，而不是阻止他们完全作出决定。
This erosion of the middle class is happening all over the place. The opening of a wider gap between rich and poor is always accompanied by such a process.
这种对中产阶级的侵蚀正在世界各地发生。贫富差距的扩大总是伴随着这样一个过程。
I want to buy them, because historically these have been great engines of enrichment for the middle class, 'historically' meaning now for a good ten years.
我想买它们，因为从历史上看，它们一直是中产阶级致富的强大引擎。
But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose.
但我们必须问自己，股市的目的是什么?它应该是业务增长的资金来源。它失去了目标。
Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
处于经济下半部分的人们已经受到了严重挤压。如果经济政策无意中导致了经济衰退，他们将血流成河，破产。
KEEP EXPLORING
沿着这个主题，再读几句。
You might say that economic history is the history of people learning to manage risk.
你可能会说经济史是人们学习管理风险的历史。
We need to recognise that what really matters isn't buying more and more consumer goods, but family, friends, and knowing that we are doing something worthwhile with our lives. Helping to reduce the appalling consequences of world poverty should be part of that reassessment.
我们需要认识到，真正重要的不是购买越来越多的消费品，而是家人、朋友，以及知道我们在用生命做一些有价值的事情。帮助减少世界贫困的可怕后果应该是重新评估的一部分。
Infinite growth of material consumption in a finite world is an impossibility.
在有限的世界里，物质消费的无限增长是不可能的。
Don't ever let economic alone determine your career or how you spend the majority of your time.
永远不要让经济因素独自决定你的职业或你如何度过大部分时间。
The economy is not an abstraction. The economy consists of people, and it will only grow if people feel secure and are reasonably free.
经济不是一个抽象概念。经济是由人组成的，只有当人们感到安全并享有合理的自由时，经济才会增长。
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
学习经济学的目的不是为了获得一套现成的经济问题的答案，而是学习如何避免被经济学家所欺骗。