Loose money and light regulation were a toxic mixture. It exploded.
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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Development is about transforming the lives of people, not just transforming economies.
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Society can’t function without shared prosperity.
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We won’t have an economic recovery until Covid-19 is under control.
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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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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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The reason that the invisible hand often seems invisible is that it is often not there.
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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Climate change is a reality.
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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.
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The U.S. won’t be free of Covid-19 until the world is.
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Workers’ rights should be a central focus of development.
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Letting bygones be bygones is a basic principle in economics.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
JOSEPH STIGLITZ