The problem is that not everyone is nice and not everyone is high-minded so financial markets--the success of financial markets is, in many ways, a success of regulation.

问题是并非所有人都是好人,并非所有人都是高尚的人,于是金融市场...,金融市场的成功,很大程度上来说,是监管制度的成功

耶鲁公开课 - 金融市场课程节选

It rankles, but on the other hand, these regulations survive because the reality is that people are victimized all the time and we can't just allow companies to act in secrecy.

这让人不爽,但是从另一个角度,金融监管制度之所以长期存在,是因为现实中,大众一直都是牺牲品,我们不能任由那些公司在幕后操纵

耶鲁公开课 - 金融市场课程节选