创新与危机

创新是面向不确定的未来,是人的理性所无法完全把握的,这就意味着创新必然也同时酝酿着危机。美国这次金融危机,在很大程度上是创新惹的祸。在普通法的治国体系下,美国涌现了无数"立法企业家",也即创新规则、制度的企业家。金融领域则是立法企业家最活跃的领域,金融企业家创造出了很多金融产品、组织形态与规则。正是这些创新,推

Risk Loves Innovation

Under the common law system, American entrepreneurs have more innovative spirit than most other countries’ people. And fi nance is the most prominent goldmine attracting these talents. Wall Street has yielded many new fi nancial products, organizations, and standards, while facing even more risks during its exploration. Innovation meansf inding new way to do something. It may be incremental, radical, and revolutionary change in thinking, organizations, or products. And it may be something we never saw, neve...