The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
JOSEPH STIGLITZLetting bygones be bygones is a basic principle in economics.
More Joseph Stiglitz Quotes
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I grew up in a family in which political issues were often discussed, and debated intensely.
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American inequality didn’t just happen. It was created.
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Society can’t function without shared prosperity.
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Letting bygones be bygones is a basic principle in economics.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Multinational corporations must pay their fair share of taxes.
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The reason that the invisible hand often seems invisible is that it is often not there.
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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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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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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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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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When markets fail, as they often do, collective action becomes imperative.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ