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Inequality is a choice. It is not inevitable.

Joseph Stiglitz

Related Topics

Choice Inequality Inevitable

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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ

Conventional Counter Economy Result Wisdom
The U.S. won’t be free of Covid-19 until the world is.
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Country Covid-19 World
The reason that the invisible hand often seems invisible is that it is often not there.
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Invisible Reason
Ask not what your country can do for you, ask what you can do for your country.
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Country Independence Inspirational
But while I loved all of these courses, there was an irresistible attraction of economics.
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Attraction Economy
It’s easy to get rich by getting a state asset at a deep discount.
JOSEPH STIGLITZ

Asset Discount Rich Strategy
Amherst is a liberal arts college, committed to providing students with a broad education.
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Broad College Education Student
When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Bank Mindset Pocket
Climate change is a reality.
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Change Climate One Liner Reality
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
JOSEPH STIGLITZ

Bitcoin Lack Oversight Potential Success
Multinational corporations must pay their fair share of taxes.
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Business Corporation Pay Tax
The U.S. basically wrote the rules and created the institutions of globalisation.
JOSEPH STIGLITZ

Country Creation Global Institution Rule
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
JOSEPH STIGLITZ

Development Economy Surprise
Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZ

Mixture Money Toxic
Letting bygones be bygones is a basic principle in economics.
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Economy Principle
It’s expensive to keep 2.3 million people in prison.
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Expensive People Prison

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