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Loose money and light regulation were a toxic mixture. It exploded.

Joseph Stiglitz

Related Topics

Mixture Money Toxic

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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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Multinational corporations must pay their fair share of taxes.
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We won’t have an economic recovery until Covid-19 is under control.
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It’s easy to get rich by getting a state asset at a deep discount.
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Climate change is a reality.
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Letting bygones be bygones is a basic principle in economics.
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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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GDP tells you nothing about sustainability.
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The U.S. won’t be free of Covid-19 until the world is.
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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. basically wrote the rules and created the institutions of globalisation.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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Inequality is a choice. It is not inevitable.
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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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