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And for man to look upon himself as a capital good, even if it did not impair his freedom, may seem to debase him... by investing in themselves, people can enlarge the range of choice available to them. It is one way free men can enhance their welfare.

  • -- Theodore William Schultz 西奥多·威廉·舒尔茨

如果一个人把自己看作是一种资本品，即使这并不损害他的自由，也可能使他降低身份……通过对自己的投资，人们可以扩大自己的选择范围。这是自由人增进福利的一种方式。

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Investing

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If a product's future is unlikely to be remarkable - if you can't imagine a future in which people are once again fascinated by your product - it's time to realize that the game has changed. Instead of investing in a dying product, take profits and reinvest them in building something new.

如果一个产品的未来不太可能是非凡的——如果你无法想象一个人们再次被你的产品所吸引的未来——那么是时候意识到游戏已经改变了。与其投资于一种濒临消亡的产品，不如拿利润再投资于新产品。

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I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.

一段时间以来，我一直觉得，经济学需要由那些实际上在华尔街工作或投资过的经济学家以不同的方式教授。当经济学由纯学术人士讲授时，要小心。

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