If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZNationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
More Joseph Stiglitz Quotes
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American inequality didn’t just happen. It was created.
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Workers’ rights should be a central focus of development.
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GDP tells you nothing about sustainability.
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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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We won’t have an economic recovery until Covid-19 is under control.
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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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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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The reason that the invisible hand often seems invisible is that it is often not there.
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The facts shouldn’t get in the way of a pleasant fantasy.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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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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Development is about transforming the lives of people, not just transforming economies.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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Climate change is a reality.
JOSEPH STIGLITZ