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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.

Joseph Stiglitz

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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZ

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Letting bygones be bygones is a basic principle in economics.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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It is trust, more than money, that makes the world go round.
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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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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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Ask not what your country can do for you, ask what you can do for your country.
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Inequality is a choice. It is not inevitable.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Country Development Infrastructure Serious Trade
The U.S. basically wrote the rules and created the institutions of globalisation.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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Multinational corporations must pay their fair share of taxes.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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We won’t have an economic recovery until Covid-19 is under control.
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American inequality didn’t just happen. It was created.
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Development is about transforming the lives of people, not just transforming economies.
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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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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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But while I loved all of these courses, there was an irresistible attraction of economics.
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Poverty is what we call the extremes at the bottom.
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The reason that the invisible hand often seems invisible is that it is often not there.
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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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GDP tells you nothing about sustainability.
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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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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
Climate change is a reality.
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Workers’ rights should be a central focus of development.
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Central Development Focus Rights

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