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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

Bagwalas

Popular Authors

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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.
JOSEPH STIGLITZ

Economy Education Equality Inequality Opportunity
It is trust, more than money, that makes the world go round.
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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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Society can’t function without shared prosperity.
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Function Prosperity Share Society
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bankrupt Capital Essential Investment
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Behavior Debt Government Market Private
International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
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Bank Education Focus Infrastructure International Investment Poverty Private Project
Poverty is what we call the extremes at the bottom.
JOSEPH STIGLITZ

Bottom Country Extreme Poverty
It’s expensive to keep 2.3 million people in prison.
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Expensive People Prison
American inequality didn’t just happen. It was created.
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We won’t have an economic recovery until Covid-19 is under control.
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Control Covid-19 Economy Recover
If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZ

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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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Development is about transforming the lives of people, not just transforming economies.
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