International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZWhat you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
More Joseph Stiglitz Quotes
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The U.S. basically wrote the rules and created the institutions of globalisation.
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The U.S. won’t be free of Covid-19 until the world is.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Society can’t function without shared prosperity.
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It is trust, more than money, that makes the world go round.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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When markets fail, as they often do, collective action becomes imperative.
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Letting bygones be bygones is a basic principle in economics.
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Climate change is a reality.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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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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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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American inequality didn’t just happen. It was created.
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Poverty is what we call the extremes at the bottom.
JOSEPH STIGLITZ