Any select group of people, no matter how wise and educated, simply cannot replace the wisdom of the market.

任何由人组成的秘密组织，不管他们多么聪明，受到多么良好的教育，也无法取代市场的智慧。

youdao

When a mocker is punished, the simple gain wisdom; when a wise man is instructed, he gets knowledge.

亵慢的人受刑罚，愚蒙的人就得智慧；智慧人受训诲，便得知识。

youdao

If nothing else, 2008 showed that conventional wisdom isn't always terribly wise.

如果没有这些，2008年会表明传统智慧并非总是绝对正确。

youdao

But the wisdom of that policy is based on the premise that state and local governments will make wise investments in vital infrastructure and public services.

FORBES: For the Sake of Tax Reform, The Muni Bond Exemption (and State Tax Deduction) Must Go