The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZWhen markets fail, as they often do, collective action becomes imperative.
More Joseph Stiglitz Quotes
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We won’t have an economic recovery until Covid-19 is under control.
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Society can’t function without shared prosperity.
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Workers’ rights should be a central focus of development.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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The reason that the invisible hand often seems invisible is that it is often not there.
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Letting bygones be bygones is a basic principle in economics.
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Climate change is a reality.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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When markets fail, as they often do, collective action becomes imperative.
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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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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Development is about transforming the lives of people, not just transforming economies.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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