• In 1944,when many experts warned of mass starvation in developing nations where populations were expanding faster than crop production, Borlaug began work at a Rockefeller Foundation-funded project in Mexico to increase wheat production by developing higher-yielding varieties of the crop.

    VOA: standard.2009.09.13

  • But if we have credit markets, then people can individually choose to be off the production possibility frontier and at a higher level of consumption than otherwise would.

    但如果存在信贷市场,那么个人可以选择超越,PPF曲线的范围,达到比没有信贷市场时更高的消费水平

    耶鲁公开课 - 金融市场课程节选

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