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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.

Joseph Stiglitz

Related Topics

Bankrupt Capital Essential Investment

Bagwalas

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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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Ambition Change Climate Existence Nuclear Planet
It is trust, more than money, that makes the world go round.
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Inspirational Money Round Trust World
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Different Economy Fundamental Group Involvement Policy Politics
The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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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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Activity Circular Debt Help Interest Policy Public
When markets fail, as they often do, collective action becomes imperative.
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Bitcoin Crypto Currency Failure Market Share Market
Climate change is a reality.
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Change Climate One Liner Reality
The U.S. won’t be free of Covid-19 until the world is.
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Country Covid-19 World
The U.S. basically wrote the rules and created the institutions of globalisation.
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Country Creation Global Institution Rule
Ask not what your country can do for you, ask what you can do for your country.
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Society can’t function without shared prosperity.
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Function Prosperity Share Society
Loose money and light regulation were a toxic mixture. It exploded.
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Mixture Money Toxic
The facts shouldn’t get in the way of a pleasant fantasy.
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Fact Fantasy Pleasant
Multinational corporations must pay their fair share of taxes.
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Poverty is what we call the extremes at the bottom.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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