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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

Joseph Stiglitz

Related Topics

Country Development Infrastructure Serious Trade

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Amherst is a liberal arts college, committed to providing students with a broad education.
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Broad College Education Student
We won’t have an economic recovery until Covid-19 is under control.
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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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The reason that the invisible hand often seems invisible is that it is often not there.
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Invisible Reason
When you don’t have equality of opportunity because you don’t have equal access to education, it just seems so outrageous. It weakens our economy and leads to more inequality.
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Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
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Ambition Change Climate Existence Nuclear Planet
But while I loved all of these courses, there was an irresistible attraction of economics.
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It is trust, more than money, that makes the world go round.
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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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The facts shouldn’t get in the way of a pleasant fantasy.
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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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Development is about transforming the lives of people, not just transforming economies.
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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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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Inequality is a choice. It is not inevitable.
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