来自《耶鲁大学开放课程：金融市场第8集第8集》

He believed that the most important step for

他认为在促进金融市场发展的过程中
the government in promoting

政府最应该做的事情
better financial markets is disclosure

就是加强信息披露的力度
--to force businesses or financial businesses to

政府应该强制商业或者金融机构
disclose the truth equally to everybody.

对每个人透明公开地披露信息
His famous quote is, "Sunshine is the best disinfectant."

他有句名言是"阳光是最好的消毒剂"
Sunshine, meaning the truth,

阳光就是指事实
and everyone in the financial industry has to

每一个在金融行业的人都必须
just tell people what they're doing.

告诉人们他们在做什么
He said it has to be really disclosed

他认为信息披露必须落到实处
and he likened it to labeling.

他把这比作贴标签
They were already, in 1914,

在1914年政府要求