2018-01-09 所属栏目:经济学人双语版|经济学人下载

Arthur Pigou, a British economist who is credited with coining the term “human capital”, believed there would be an under-supply of trained workers because companies would not wa

2018-01-08 所属栏目:经济学人双语版|经济学人下载

Economics Brief
经济学简介Six Big Ideas
六大经济理论Human capital: The people's champion
人力资本：人的捍卫者Gary Becker made humans the central focus of economics. The second

2018-01-08 所属栏目:经济学人双语版|经济学人下载

The basis of social interactions might change, too, from a set of commitments founded on trust to calculations of risk and reward derived from the information a computer attaches t

2018-01-08 所属栏目:经济学人双语版|经济学人下载

But the technology also threatens.
但是，技术也是威胁。Researchers at Stanford University have demonstrated that, when shown pictures of one gay man, and one straight man, the alg

2018-01-05 所属栏目:经济学人双语版|经济学人下载

Start with privacy.
先说隐私。One big difference between faces and other biometric data, such as fingerprints, is that they work at a distance.
人脸和指纹等生物数据的一大不同是，

2018-01-04 所属栏目:经济学人双语版|经济学人下载

Leaders
领导者Nowhere to hide
无处可藏Facial recognition is not just another technology. It will change society.
脸部识别不但但是又一项技术。它将改变社会。THE human face is a re

2018-01-03 所属栏目:经济学人双语版|经济学人下载

Last month Britain joined a lengthening list of electric-only countries, saying that all new cars must be zero-emission by 2050.
上个月，英国加入了一份正变得越来越长的只使用电动车

2018-01-02 所属栏目:经济学人双语版|经济学人下载

Leaders
领导者Road Kill
内燃机之死The internal combustion engine had a good run. But the end is in sight for the machine that changed the world
内燃机有着辉煌的过去。但是，对于这

2018-01-02 所属栏目:经济学人双语版|经济学人下载

One insight from the literature is that a tightly specified contract can have perverse outcomes.
一种来自文学的深刻见解是，有严格规定的合约可能带来事与愿违的结果。If teachers are

2018-01-02 所属栏目:经济学人双语版|经济学人下载

But Messrs Grossman and Hart identified a next-best solution: the party that brings the most to any venture in terms of “non-contractible” effort should own the key ass

2017-12-29 所属栏目:经济学人双语版|经济学人下载

When output is the result of a team effort, it is hard to put the necessary tasks out to the market.
当产出是团队努力的结果时，把必要的任务交与市场很难。That is because it is tric

2017-12-28 所属栏目:经济学人双语版|经济学人下载

Spot markets cover most transactions.
现货市场涵盖了大多数交易。Once money is exchanged for goods, the deal is completed.
一旦货币被换成商品，交易即告完成。The transaction is sim

2017-12-27 所属栏目:经济学人双语版|经济学人下载

That may seem like a good thing, but it could also grow more variable, by 50%.
这似乎是一件好事，但有50%的可能性，它也可能会带来更多的变数。In other words, there would be more (an

2017-12-26 所属栏目:经济学人双语版|经济学人下载

Middle East and Africa
中东和非洲Climate Change and the Nile: Flood and Famine
气候变化与尼罗河：洪水和饥荒The country in the Nile basin will suffer if they do not learn to coope

2017-12-25 所属栏目:经济学人双语版|经济学人下载

In 1991 Coase was awarded the Nobel prize for economics, largely on the strength of these two papers.
1991年，主要是因为这两篇论文的力量，科斯荣获了诺贝尔经济学奖。But as late as

2017-12-25 所属栏目:经济学人双语版|经济学人下载

A well-defined task can easily be put out to the market, where a contractor is paid a fixed sum for doing it.
定义明确的任务可以被轻轻松松地交于市场。在那里，签约人被付给一笔固定的

2017-12-25 所属栏目:经济学人双语版|经济学人下载

Briefing
概述The theory of the firm: Coase call
公司理论：科斯集结令If markets are so good at directing resources, why do firms exist?
如果市场这么擅长于指挥资源，公司是为什么而

2017-12-22 所属栏目:经济学人双语版|经济学人下载

But the latest survey reflected fears that the enthusiasm may have gone too far: 38% of managers thought that betting on tech stocks was the “most crowded trade” ; a net 9% had c

2017-12-21 所属栏目:经济学人双语版|经济学人下载

Since then, investors have focused their enthusiasm on companies that can exploit “network effects” and become dominant in their sector—Google in internet search, for example.

2017-12-20 所属栏目:经济学人双语版|经济学人下载

Finance and Economics
财经Buttonwood: Hope rebooted
梧桐树专栏：重燃希望Tech stocks have regained their dotcom-era highs.
科技股已经重获了信息泡沫时代的高点。Cast your mind back

2017-12-19 所属栏目:经济学人双语版|经济学人下载

Unsurprisingly, the country that provides the setting for “Narcos”, a television series about the drug kingpin Pablo Escobar, has an elaborate system for detecting money-launderi

2017-12-18 所属栏目:经济学人双语版|经济学人下载

The Americas
美洲Banking for the FARC: Capitalism 101
FARC的银行账户：资本主义101Guerrillas who used to rob banks are now opening accounts.
曾经抢银行的游击队员现在也开了银行账户

2017-12-18 所属栏目:经济学人双语版|经济学人下载

The government should also cut stamp duty, a land tax levied on property transactions.
政府还应该削减印花税，即房产交易征收的土地税。Over the long term the burden has risen, which

2017-12-18 所属栏目:经济学人双语版|经济学人下载

At the election in June half of all private renters voted for Labour and Jeremy Corbyn, up from a third who supported the party in 2010.
在六月的竞选中，所有私人租房者中的一半将选

2017-12-15 所属栏目:经济学人双语版|经济学人下载

Leaders
领导者Housing in Britain: Rooms for improvement
英国的住房问题：进步空间How to solve Britain's housing mess?
如何解决英国的住房危机？On every side, Britain's politicia