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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

Joseph Stiglitz

Related Topics

Different Economy Fundamental Group Involvement Policy Politics

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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bankrupt Capital Essential Investment
What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
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Affect Measure Right
The facts shouldn’t get in the way of a pleasant fantasy.
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Workers’ rights should be a central focus of development.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Conventional Counter Economy Result Wisdom
The U.S. won’t be free of Covid-19 until the world is.
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American inequality didn’t just happen. It was created.
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Country Creation Happen Inequality
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.
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It’s easy to get rich by getting a state asset at a deep discount.
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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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It is trust, more than money, that makes the world go round.
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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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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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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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