But problem is that production brings not only private return to enterprise but also negative externalities to society, both of which affect the increase of social welfare.

但是，企业的生产不仅产生企业私人收益而且也可能带来外部不经济，这些都会影响社会福利的增长。

youdao

Our story today is called, "The Return of a Private."

VOA: special.2009.12.12

So,70% of the portfolio is in absolute return, real assets,private equity, alternatives--broadly defined.

因此资产的70%分布于绝对收益组合,不动产,私募权益等广泛的投资品种中

耶鲁公开课 - 金融市场课程节选

When you look at each of those individual asset classes -domestic equities, foreign equities, bonds, real assets, absolute return and private equity -each of those individual asset classes is going to be relatively well-diversified in terms of exposures to individual positions or individual securities.

当你观察每一种资产,比如国内股权,国外股权,债券,不动产,绝对收益和私募股权,这其中每一种,比起单一头寸或单一证券,风险都是相对分散的

耶鲁公开课 - 金融市场课程节选

Not necessarily a bad thing, in fact if you understand the purpose of the university to be to enhance the private return on private investment it's clearly consistent with that.

BBC: NEWS | UK | Education | Higher education 'market' warning

And those widening gaps, those widening salary differentials, continue to widen because again once you internalise the notion of the higher education project being about private return for private investment then obviously individual members of the faculty begin thinking to themselves and understanding their mission in private rather than public ways.

BBC: NEWS | UK | Education | Higher education 'market' warning

We hear more and more the term "human capital", a perfectly appropriate economic term, I use it quite often, others of you in this room have used it but it is used in the context of, again, education - higher education - being a private investment and with the expected higher private return for those individuals capable of making that investment.

BBC: NEWS | UK | Education | Higher education 'market' warning