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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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Society can’t function without shared prosperity.
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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 problem is a lot of what is called economics is not economics. It is more ideology or religion.
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When markets fail, as they often do, collective action becomes imperative.
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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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Ask not what your country can do for you, ask what you can do for your country.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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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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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZ

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It is trust, more than money, that makes the world go round.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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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 reason that the invisible hand often seems invisible is that it is often not there.
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Multinational corporations must pay their fair share of taxes.
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We won’t have an economic recovery until Covid-19 is under control.
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