Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZIn developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
More Joseph Stiglitz Quotes
-
-
We won’t have an economic recovery until Covid-19 is under control.
JOSEPH STIGLITZ -
International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZ -
Society can’t function without shared prosperity.
JOSEPH STIGLITZ -
It’s easy to get rich by getting a state asset at a deep discount.
JOSEPH STIGLITZ -
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
JOSEPH STIGLITZ -
When you don’t have equality of opportunity because you don’t have equal access to education, it just seems so outrageous. It weakens our economy and leads to more inequality.
JOSEPH STIGLITZ -
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZ -
Multinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZ -
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ -
If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZ -
Workers’ rights should be a central focus of development.
JOSEPH STIGLITZ -
American inequality didn’t just happen. It was created.
JOSEPH STIGLITZ -
When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZ -
Poverty is what we call the extremes at the bottom.
JOSEPH STIGLITZ -
The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZ






