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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.

Joseph Stiglitz

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Development Economy Surprise

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It’s easy to get rich by getting a state asset at a deep discount.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Inequality is a choice. It is not inevitable.
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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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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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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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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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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 extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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We won’t have an economic recovery until Covid-19 is under control.
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Poverty is what we call the extremes at the bottom.
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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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It’s expensive to keep 2.3 million people in prison.
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Workers’ rights should be a central focus of development.
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American inequality didn’t just happen. It was created.
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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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