The facts shouldn’t get in the way of a pleasant fantasy.
JOSEPH STIGLITZWorkers’ rights should be a central focus of development.
More Joseph Stiglitz Quotes
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What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
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Climate change is a reality.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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But while I loved all of these courses, there was an irresistible attraction of economics.
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The reason that the invisible hand often seems invisible is that it is often not there.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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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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GDP tells you nothing about sustainability.
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Development is about transforming the lives of people, not just transforming economies.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Society can’t function without shared prosperity.
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The U.S. won’t be free of Covid-19 until the world is.
JOSEPH STIGLITZ