International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZInequality is a choice. It is not inevitable.
More Joseph Stiglitz Quotes
-
-
When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZ -
Ask not what your country can do for you, ask what you can do for your country.
JOSEPH STIGLITZ -
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
JOSEPH STIGLITZ -
The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZ -
The reason that the invisible hand often seems invisible is that it is often not there.
JOSEPH STIGLITZ -
Inequality is a choice. It is not inevitable.
JOSEPH STIGLITZ -
Poverty is what we call the extremes at the bottom.
JOSEPH STIGLITZ -
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZ -
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ -
American inequality didn’t just happen. It was created.
JOSEPH STIGLITZ -
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ -
It’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZ -
I grew up in a family in which political issues were often discussed, and debated intensely.
JOSEPH STIGLITZ -
The problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZ -
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.
JOSEPH STIGLITZ