It’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZWorkers’ rights should be a central focus of development.
More Joseph Stiglitz Quotes
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When markets fail, as they often do, collective action becomes imperative.
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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.
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American inequality didn’t just happen. It was created.
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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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The U.S. won’t be free of Covid-19 until the world is.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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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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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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The reason that the invisible hand often seems invisible is that it is often not there.
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Loose money and light regulation were a toxic mixture. It exploded.
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Workers’ rights should be a central focus of development.
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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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Letting bygones be bygones is a basic principle in economics.
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