It’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZInternational lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
More Joseph Stiglitz Quotes
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Workers’ rights should be a central focus of development.
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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. basically wrote the rules and created the institutions of globalisation.
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Inequality is a choice. It is not inevitable.
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When markets fail, as they often do, collective action becomes imperative.
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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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Loose money and light regulation were a toxic mixture. It exploded.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Multinational corporations must pay their fair share of taxes.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZ