The reason that the invisible hand often seems invisible is that it is often not there.
JOSEPH STIGLITZWhen markets fail, as they often do, collective action becomes imperative.
More Joseph Stiglitz Quotes
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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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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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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American inequality didn’t just happen. It was created.
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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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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Society can’t function without shared prosperity.
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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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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Poverty is what we call the extremes at the bottom.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Inequality is a choice. It is not inevitable.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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It is trust, more than money, that makes the world go round.
JOSEPH STIGLITZ






