People often talk about financial markets as if they were casinos, but reflexivity makes them much more dangerous than any gambling den. 人们常常把金融市场比作赌场，但是自反性使其危险性远胜于任何赌窝。
With the deepening of social modernization and founding of risk society, modernization increasingly sees reflexivity and modernity spirit further stimulates reflection. 社会现代化进程的深入和风险社会的形成，现代化进程日渐呈现出自反性，现代性精神进一步激发出反思性。
That is the principle of reflexivity. 这就是反身性原理。
Bubbles are not the only manifestations of reflexivity in financial markets, but they are the most spectacular. 市场泡沫不是金融市场反身性的唯一证明，但却是最显着的。
