他们提高风险而非降低风险，集中风险而非分散风险。

They increased risk rather than reducing it, and concentrated risk rather than spreading it.

youdao

这就是所说的集中风险。如果该组织太小，每个成员要支付的就多，这样就不会顾及到许多很穷的人们。

This is known as pooling risk. If the group is small, each member has to pay more, and that would exclude the poorest.

youdao

同样的，在经济增长时期，如果许多机构都愿意承担风险的话，“集中风险也许在一家单独的机构是可接受的……不过这可能是危险的”。

Similarly, in the upswing, "risk concentrations that might be acceptable at a single institution... could be dangerous" if a lot of institutions had them.

youdao

It is when political functions become concentrated into the hands of again the too few hands that we risk arbitrary government and the endangerment to the liberty of the individual.

因为一旦政治职权,过度集中于,少数人的手中,我们面临的风险,便是独断政府,及个人自由的危机。

耶鲁公开课 - 政治哲学导论课程节选