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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Loose money and light regulation were a toxic mixture. It exploded.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Development is about transforming the lives of people, not just transforming economies.
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Poverty is what we call the extremes at the bottom.
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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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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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I grew up in a family in which political issues were often discussed, and debated intensely.
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It is trust, more than money, that makes the world go round.
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Multinational corporations must pay their fair share of taxes.
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GDP tells you nothing about sustainability.
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We won’t have an economic recovery until Covid-19 is under control.
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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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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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Letting bygones be bygones is a basic principle in economics.
JOSEPH STIGLITZ