Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZThe U.S. won’t be free of Covid-19 until the world is.
More Joseph Stiglitz Quotes
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GDP tells you nothing about sustainability.
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It’s expensive to keep 2.3 million people in prison.
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International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
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The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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It’s easy to get rich by getting a state asset at a deep discount.
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We won’t have an economic recovery until Covid-19 is under control.
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Society can’t function without shared prosperity.
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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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American inequality didn’t just happen. It was created.
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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Climate change is a reality.
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It is trust, more than money, that makes the world go round.
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Amherst is a liberal arts college, committed to providing students with a broad education.
JOSEPH STIGLITZ