Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
JOSEPH STIGLITZLetting bygones be bygones is a basic principle in economics.
More Joseph Stiglitz Quotes
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Poverty is what we call the extremes at the bottom.
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Letting bygones be bygones is a basic principle in economics.
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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’s easy to get rich by getting a state asset at a deep discount.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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 facts shouldn’t get in the way of a pleasant fantasy.
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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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Multinational corporations must pay their fair share of taxes.
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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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The U.S. basically wrote the rules and created the institutions of globalisation.
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Climate change is a reality.
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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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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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We won’t have an economic recovery until Covid-19 is under control.
JOSEPH STIGLITZ