Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
JOSEPH STIGLITZAmerican inequality didn’t just happen. It was created.
More Joseph Stiglitz Quotes
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American inequality didn’t just happen. It was created.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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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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Poverty is what we call the extremes at the bottom.
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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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It is trust, more than money, that makes the world go round.
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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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Loose money and light regulation were a toxic mixture. It exploded.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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It’s expensive to keep 2.3 million people in prison.
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When markets fail, as they often do, collective action becomes imperative.
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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 U.S. won’t be free of Covid-19 until the world is.
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Inequality is a choice. It is not inevitable.
JOSEPH STIGLITZ