Today,economic theory suggests that good resource management requires ownership, either private or public.
VOA: special.2009.10.16
Science is very hostile to innovation when it challenges existing theory, sort of like management, the same thing.
科学对创新是有敌意的,当创新在挑战已存在的理论,跟管理一样,同样的道理。
Basel 1988 was an effort to make sophisticated risk management requirements for banks that relied on more modern, as of 1988, financial theory.
988年的巴塞尔协议就是致力于,在当时最新的金融理论基础之上,建立成熟完善的银行风险管理制度
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