Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZMultinational corporations must pay their fair share of taxes.
More Joseph Stiglitz Quotes
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Inequality is a choice. It is not inevitable.
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The reason that the invisible hand often seems invisible is that it is often not there.
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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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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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We won’t have an economic recovery until Covid-19 is under control.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Development is about transforming the lives of people, not just transforming economies.
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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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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Poverty is what we call the extremes at the bottom.
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When markets fail, as they often do, collective action becomes imperative.
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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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Workers’ rights should be a central focus of development.
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The U.S. won’t be free of Covid-19 until the world is.
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But while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZ