So the nature of the world, post-cold war world is increasingly one about competition for markets, govern of one nation's markets.
因此冷战之后,市场的竞争,成为世界的主题,一国市场的管理,如果事实如此。
Consent matters not only for governments, but also for markets.
同意不只对政府很重要,对市场也是。
Notably, on Monday, the Treasury Department, under Secretary Henry Paulson, announced a proposal for fundamental change in our financial markets.
众所周知,在星期一,美国财务部部长,亨利·鲍尔森,宣布美国金融市场,将要改革的计划。
because both are competing for the... ? same market, or different markets?
因为中印一直在竞争。,抢占同一个,或是不同市场?
You and your partner, Warren Buffett, have for years complained and warned about the dangers ve perceived in the modern derivatives markets, particularly credit derivatives, and also concerns about interest rate swaps, currency swaps, and equity swaps.
你和你的合伙人,沃伦,巴菲特,多年来一直提醒现代衍生品市场中,存在的危险,that,you’,尤其是信用衍生品,利率掉期,货币互换和股票互换。
I mention this tax example because I want to stress that framing and psychological barriers are important problems for creating financial markets.
我之所以提到这个例子,是因为我想强调,心理框架和心理障碍对于,建立金融市场的重要性。
Certain kinds of financial markets called "Prediction markets," which may, for example, predict the outcome of an election have been seen to be very accurate predictors, often better than pollsters can manage.
人们称这种金融市场为,"可预测的市场",举个例子来说,市场对某次大选结果的反应,比民调专家,还要更加准确
Governments establish regulators who set down rules for participants in financial markets and these rules may be perceived as onerous and costly to people in the financial community, but ultimately it's their salvation and it's what makes everything possible.
政府设立监管机构,监管机构为金融市场的参与者,制定法规条令,这些规则对金融界,有着极其严格的约束,但这些规则最终使得金融界运作良好,免遭灭顶之灾
The only other thing--then next period we're going to talk-- on Friday we're meeting again and we're meeting again about-- this time it's about efficient markets and I want to talk about the evidence for efficient markets and against it and that will lead you into your third problem set about efficient markets.
下节课的主题是,我们将在周五的课上讨论,有效市场问题,我要讨论关于支持和反对,有效市场的证据,那时你们可以开始做,第三本习题集,是关于有效市场的
应用推荐