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The U.S. won’t be free of Covid-19 until the world is.

Joseph Stiglitz

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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Country Development Infrastructure Serious Trade
Inequality is a choice. It is not inevitable.
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Choice Inequality Inevitable
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
Ask not what your country can do for you, ask what you can do for your country.
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Country Independence Inspirational
It’s expensive to keep 2.3 million people in prison.
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Expensive People Prison
When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZ

Bitcoin Crypto Currency Failure Market Share Market
Workers’ rights should be a central focus of development.
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Central Development Focus Rights
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Development Economy Surprise
But while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZ

Attraction Economy
Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
JOSEPH STIGLITZ

Ambition Change Climate Existence Nuclear Planet
Development is about transforming the lives of people, not just transforming economies.
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Development Economy Live People Transformation
The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZ

Money Need Society Spend Wealth
I grew up in a family in which political issues were often discussed, and debated intensely.
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Debt Discuss Family Grow Up Intense Politics
Letting bygones be bygones is a basic principle in economics.
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Climate change is a reality.
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