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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.

Joseph Stiglitz

Related Topics

Development Economy Surprise

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Letting bygones be bygones is a basic principle in economics.
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Workers’ rights should be a central focus of development.
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Development is about transforming the lives of people, not just transforming economies.
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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 only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Poverty is what we call the extremes at the bottom.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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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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Inequality is a choice. It is not inevitable.
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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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Ask not what your country can do for you, ask what you can do for your country.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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