International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZIt’s expensive to keep 2.3 million people in prison.
More Joseph Stiglitz Quotes
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When markets fail, as they often do, collective action becomes imperative.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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The facts shouldn’t get in the way of a pleasant fantasy.
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Inequality is a choice. It is not inevitable.
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American inequality didn’t just happen. It was created.
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It is trust, more than money, that makes the world go round.
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Society can’t function without shared prosperity.
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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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GDP tells you nothing about sustainability.
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Climate change is a reality.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Development is about transforming the lives of people, not just transforming economies.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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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I grew up in a family in which political issues were often discussed, and debated intensely.
JOSEPH STIGLITZ