The problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZLoose money and light regulation were a toxic mixture. It exploded.
More Joseph Stiglitz Quotes
-
-
American inequality didn’t just happen. It was created.
JOSEPH STIGLITZ -
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ -
In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZ -
The reason that the invisible hand often seems invisible is that it is often not there.
JOSEPH STIGLITZ -
Multinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZ -
Ask not what your country can do for you, ask what you can do for your country.
JOSEPH STIGLITZ -
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
JOSEPH STIGLITZ -
GDP tells you nothing about sustainability.
JOSEPH STIGLITZ -
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.
JOSEPH STIGLITZ -
The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZ -
It’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZ -
When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZ -
Climate change is a reality.
JOSEPH STIGLITZ -
Inequality is a choice. It is not inevitable.
JOSEPH STIGLITZ -
We won’t have an economic recovery until Covid-19 is under control.
JOSEPH STIGLITZ -
Development is about transforming the lives of people, not just transforming economies.
JOSEPH STIGLITZ -
But while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZ -
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZ -
Amherst is a liberal arts college, committed to providing students with a broad education.
JOSEPH STIGLITZ -
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ -
I grew up in a family in which political issues were often discussed, and debated intensely.
JOSEPH STIGLITZ -
Workers’ rights should be a central focus of development.
JOSEPH STIGLITZ -
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 -
The U.S. basically wrote the rules and created the institutions of globalisation.
JOSEPH STIGLITZ -
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ -
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
JOSEPH STIGLITZ