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Society can’t function without shared prosperity.

Joseph Stiglitz

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Function Prosperity Share Society

Bagwalas

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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ

Bankrupt Capital Essential Investment
When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
JOSEPH STIGLITZ

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I grew up in a family in which political issues were often discussed, and debated intensely.
JOSEPH STIGLITZ

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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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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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International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZ

Bank Education Focus Infrastructure International Investment Poverty Private Project
In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZ

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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZ

Activity Circular Debt Help Interest Policy Public
The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZ

Money Need Society Spend Wealth
Workers’ rights should be a central focus of development.
JOSEPH STIGLITZ

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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.
JOSEPH STIGLITZ

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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ

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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
JOSEPH STIGLITZ

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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.
JOSEPH STIGLITZ

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It’s easy to get rich by getting a state asset at a deep discount.
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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