Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZThe only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
More Joseph Stiglitz Quotes
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Climate change is a reality.
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Ask not what your country can do for you, ask what you can do for your country.
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Loose money and light regulation were a toxic mixture. It exploded.
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The U.S. won’t be free of Covid-19 until the world is.
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Society can’t function without shared prosperity.
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We won’t have an economic recovery until Covid-19 is under control.
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GDP tells you nothing about sustainability.
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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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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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Development is about transforming the lives of people, not just transforming economies.
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American inequality didn’t just happen. It was created.
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The reason that the invisible hand often seems invisible is that it is often not there.
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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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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. basically wrote the rules and created the institutions of globalisation.
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