It won't come fully in force in the U.S. Until 2009; it's already starting to have its impact.
直到2009年该协议才会在美国完全生效,但它已经开始发挥影响力了
How many of you have a written contract, stuck with a magnet on the fridge, telling you when you're supposed to tidy up.
有人写过协议吗,在冰箱上贴个磁力贴,规定好什么时候该谁打扫房间
Basel 1988 was an effort to make sophisticated risk management requirements for banks that relied on more modern, as of 1988, financial theory.
988年的巴塞尔协议就是致力于,在当时最新的金融理论基础之上,建立成熟完善的银行风险管理制度
After the French Revolution and Napoleon, and Napoleon makes peace with the church, there is,all of a sudden, a revival with people forming religious confraternities, of people paying to rebuild churches that have been vandalized during the Revolution, where they're melting down church bells to use as cannon and things like that.
在法国大革命和拿破仑时代,与教会达成和解协议之后,突然间,出现了宗教团体的复兴,人们斥资重建那些,在大革命中被肆意毁坏的教堂,当时人们把教堂大钟熔化了,去造大炮之类的东西
Tiamat And the agreement is struck. And Marduk fells Tiamat in battle.
就这样达成了协议,Marduk在战争中挫败了。
So basically, we're stuck with this verbal agreement and we both have an incentive to cheat and produce more whatever it is, sugar water.
但不管怎样,在这个口头协议不起作用,我们都有违约,生产更多这种糖水的动机
It's in other countries--it's already been adopted.
在其它一些国家已经采纳了该协议
Yeah, so maybe even among your roommates, maybe you don't need a contract because you can manage to achieve the same ends, by the fact that you're going to be interacting with the same person, over and over again during your time at Yale.
没错,就算你和室友没有书面协议,你们一样能达到预期的目的,因为在耶鲁大学上学期间,你们总要碰面
The reason the mafia thrives in countries where it's hard to write legal contracts-- let's say some new parts of the former Soviet Union or some parts of Africa the reason the mafia thrives in those environments, is that it substitutes for the law and enforces both legal and illegal contracts.
黑恶势力在那些,书面协议不受保护国家不断壮大,比如前苏联新成员国 或者非洲,为什么黑恶势力在这些地方发展壮大,因为这是法律强制力的补充,它维系所有合同,不管是不是合法的
Well, one thing that goes wrong is that suppose Coke and Pepsi were able to either to write a contract or whatever to sustain joint monopoly output at this high price, this price which is actually producing positive profits in the industry it is going to turn out, therefore the price is going to be above costs.
我来说吧,问题出在这里了,假设可口可乐和百事达成了协议,不管签的是协议还是合同,只要能通过协约维持垄断产出,通过制定高价来达到正的利润就行,这样价格是高于成本的
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