Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZSociety can’t function without shared prosperity.
More Joseph Stiglitz Quotes
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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Inequality is a choice. It is not inevitable.
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Multinational corporations must pay their fair share of taxes.
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GDP tells you nothing about sustainability.
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Letting bygones be bygones is a basic principle in economics.
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Development is about transforming the lives of people, not just transforming economies.
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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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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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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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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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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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It’s easy to get rich by getting a state asset at a deep discount.
JOSEPH STIGLITZ