来自《耶鲁大学开放课程：金融市场 第3集 第3集》
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It's complete sharing.你将享受到彻底的财富共享 -
The problem is again the ideal--问题又回到了理想... -
they're trying to work toward他们为之奋斗的这种理想状态 -
what I think of an ideal that we see in finance--如果用金融学的理念来解读 -
mainly, the perfect correlation of consumption就是消费与风险消除[或避险]的相关系数为1 -
and the elimination of risk--we all help each other.即完全正相关 所有人都互助互利 -
But, the problem they hit is moral hazard.但他们遭遇了道德风险这一窘境 -
I've heard a lot of stories about我听过许多发生在 -
a lot of bickering at the kibbutz.以色列集体农场的争执与矛盾 -
When someone gets a gift and当某人收到一件礼物 -
the other people at the kibbutz say,农场里的其他人就指责道 -
"Well you can't have that by yourself,你不能把它据为己有