When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
JOSEPH STIGLITZThe facts shouldn’t get in the way of a pleasant fantasy.
More Joseph Stiglitz Quotes
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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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Society can’t function without shared prosperity.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ -
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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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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The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZ -
The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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The U.S. won’t be free of Covid-19 until the world is.
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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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We won’t have an economic recovery until Covid-19 is under control.
JOSEPH STIGLITZ -
Ask not what your country can do for you, ask what you can do for your country.
JOSEPH STIGLITZ -
The facts shouldn’t get in the way of a pleasant fantasy.
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Poverty is what we call the extremes at the bottom.
JOSEPH STIGLITZ