They are unregulated by law; they are unregulated by authority. The state of nature is simply a kind of condition of maximum insecurity, an unregulated market with no common laws or rules to sustain it.

法律，权威使然,自然状态就是,一种最大安全感的状态,是一种没有法律规范维持的,不加管制的市场。

耶鲁公开课 - 政治哲学导论课程节选

In other words, the banks were like customers of the Bank of England; they had to keep deposits there and the Bank of England watched them to make sure that they were behaving responsibly and had authority over them because it had market power.

换句话说，其他银行在英国就像是英国银行的客户;,其他银行不得不把钱存放在英国银行那,英国银行业负责监管着,其他银行的商业行为,也指挥着其他银行,因为英国银行有着控制市场的力量。

耶鲁公开课 - 金融市场课程节选