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

Joseph Stiglitz

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Conventional Counter Economy Result Wisdom

Bagwalas

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bankrupt Capital Essential Investment
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Behavior Debt Government Market Private
We won’t have an economic recovery until Covid-19 is under control.
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Control Covid-19 Economy Recover
Ask not what your country can do for you, ask what you can do for your country.
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Country Independence Inspirational
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Development Economy Surprise
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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Economy Education Equality Inequality Opportunity
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ

Bankrupt Capital Essential Investment
Inequality is a choice. It is not inevitable.
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Choice Inequality Inevitable
Amherst is a liberal arts college, committed to providing students with a broad education.
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Broad College Education Student
The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
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Money Need Society Spend Wealth
Loose money and light regulation were a toxic mixture. It exploded.
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Mixture Money Toxic
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Bitcoin Lack Oversight Potential Success
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
The U.S. basically wrote the rules and created the institutions of globalisation.
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Country Creation Global Institution Rule
But while I loved all of these courses, there was an irresistible attraction of economics.
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It’s expensive to keep 2.3 million people in prison.
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Expensive People Prison

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