It's a very important observation in finance that returns on a lot of speculative assets have fat-tailed distributions.

在金融界中,这是一种重要的观测方法,许多投机性资产的收益,都是服从长尾分布的

耶鲁公开课 - 金融市场课程节选

And,in conclusion,the state becomes the new ways that patronage,economic,financial, cultural,political,is dispensed.

总之,国家,变成了施与经济的,金融的,文化的,政治的恩惠的新方法

耶鲁公开课 - 1871年后的法国课程节选