It’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZEconomists often like startling theorems, results which seem to run counter to conventional wisdom.
More Joseph Stiglitz Quotes
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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 is a reality.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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The facts shouldn’t get in the way of a pleasant fantasy.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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GDP tells you nothing about sustainability.
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It is trust, more than money, that makes the world go round.
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Workers’ rights should be a central focus of development.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ -
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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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When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZ