It’s easy to get rich by getting a state asset at a deep discount.
JOSEPH STIGLITZMacroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
More Joseph Stiglitz Quotes
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The U.S. basically wrote the rules and created the institutions of globalisation.
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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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It’s expensive to keep 2.3 million people in prison.
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GDP tells you nothing about sustainability.
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We won’t have an economic recovery until Covid-19 is under control.
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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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When markets fail, as they often do, collective action becomes imperative.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Development is about transforming the lives of people, not just transforming economies.
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American inequality didn’t just happen. It was created.
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The U.S. won’t be free of Covid-19 until the world is.
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Poverty is what we call the extremes at the bottom.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Society can’t function without shared prosperity.
JOSEPH STIGLITZ