We agree to be junior partners in absolute rule in exchange for recognizing your supreme authority over us in exchange for the protection that you will afford us."

我们愿意臣服在您的绝对权威之下,我们将视您为无上的权力,作为交换你必须向我们提供保护"

耶鲁公开课 - 欧洲文明课程节选

If we had the proper risk management institutions in place, people would have anticipated this risk and would have made swaps or other arrangements to protect themselves against it.

如果我们有合适的风险管理机构，人们能够预料到这种风险,能够提前进行交换或者其他安排,保护自己免受损失。

耶鲁公开课 - 金融市场课程节选