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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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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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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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It’s easy to get rich by getting a state asset at a deep discount.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
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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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GDP tells you nothing about sustainability.
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The U.S. won’t be free of Covid-19 until the world is.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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It is trust, more than money, that makes the world go round.
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Multinational corporations must pay their fair share of taxes.
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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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But while I loved all of these courses, there was an irresistible attraction of economics.
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