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

Joseph Stiglitz

Related Topics

Different Economy Fundamental Group Involvement Policy Politics

Bagwalas

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

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

Debt Discuss Family Grow Up Intense Politics
Ask not what your country can do for you, ask what you can do for your country.
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Country Independence Inspirational
When markets fail, as they often do, collective action becomes imperative.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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Broad College Education Student
Workers’ rights should be a central focus of development.
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Central Development Focus Rights
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
It is trust, more than money, that makes the world go round.
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It’s expensive to keep 2.3 million people in prison.
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Expensive People Prison
What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
JOSEPH STIGLITZ

Affect Measure Right
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
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Bitcoin Lack Oversight Potential Success
Poverty is what we call the extremes at the bottom.
JOSEPH STIGLITZ

Bottom Country Extreme Poverty
Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZ

Mixture Money Toxic
The U.S. basically wrote the rules and created the institutions of globalisation.
JOSEPH STIGLITZ

Country Creation Global Institution Rule
The facts shouldn’t get in the way of a pleasant fantasy.
JOSEPH STIGLITZ

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The U.S. won’t be free of Covid-19 until the world is.
JOSEPH STIGLITZ

Country Covid-19 World

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