What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
JOSEPH STIGLITZAsk not what your country can do for you, ask what you can do for your country.
More Joseph Stiglitz Quotes
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Development is about transforming the lives of people, not just transforming economies.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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Multinational corporations must pay their fair share of taxes.
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Poverty is what we call the extremes at the bottom.
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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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Inequality is a choice. It is not inevitable.
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The reason that the invisible hand often seems invisible is that it is often not there.
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Letting bygones be bygones is a basic principle in economics.
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GDP tells you nothing about sustainability.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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It is trust, more than money, that makes the world go round.
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When markets fail, as they often do, collective action becomes imperative.
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We won’t have an economic recovery until Covid-19 is under control.
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It’s expensive to keep 2.3 million people in prison.
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The facts shouldn’t get in the way of a pleasant fantasy.
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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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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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American inequality didn’t just happen. It was created.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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The U.S. won’t be free of Covid-19 until the world is.
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Loose money and light regulation were a toxic mixture. It exploded.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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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.
JOSEPH STIGLITZ