I grew up in a family in which political issues were often discussed, and debated intensely.
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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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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Society can’t function without shared prosperity.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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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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Letting bygones be bygones is a basic principle in economics.
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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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The reason that the invisible hand often seems invisible is that it is often not there.
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Workers’ rights should be a central focus of development.
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It’s expensive to keep 2.3 million people in prison.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ