Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZThe reason that the invisible hand often seems invisible is that it is often not there.
More Joseph Stiglitz Quotes
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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It’s easy to get rich by getting a state asset at a deep discount.
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Development is about transforming the lives of people, not just transforming economies.
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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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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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Society can’t function without shared prosperity.
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If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
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Multinational corporations must pay their fair share of taxes.
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Inequality is a choice. It is not inevitable.
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Letting bygones be bygones is a basic principle in economics.
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The facts shouldn’t get in the way of a pleasant fantasy.
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GDP tells you nothing about sustainability.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
JOSEPH STIGLITZ