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

Joseph Stiglitz

Related Topics

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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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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I grew up in a family in which political issues were often discussed, and debated intensely.
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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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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Development is about transforming the lives of people, not just transforming economies.
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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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