The other thing that I want to talk about-- and I guess I'm running out of time-- was about management of disaster risks.

还有一件事,我要说说...,我想我可能快没时间了,我要说的是灾难风险管理

耶鲁公开课 - 金融市场课程节选

Such states, of course, did not need a bureaucracy for there were no vast royal or state holdings that needed management and not much economic surplus to support a bureaucratic class.

国家无需官僚体制,因为没有庞大的皇室家族,和国家财富需要管理,也没多少经济盈余能够维持官僚阶级

耶鲁公开课 - 古希腊历史简介课程节选

So, it really is -it really ought to be on the bank's balance sheet and it ought to be regulated by the bank regulators, but there was a failure to do that and that is the problem that we are in currently.

所以说,它确实该...,它应该反映在银行的资产负债表上,同时接受银行监管体系的管理,但这却没能实现,这就是我们目前面临的问题

耶鲁公开课 - 金融市场课程节选