International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZBut while I loved all of these courses, there was an irresistible attraction of economics.
More Joseph Stiglitz Quotes
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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 reason that the invisible hand often seems invisible is that it is often not there.
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Letting bygones be bygones is a basic principle in economics.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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It’s easy to get rich by getting a state asset at a deep discount.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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Inequality is a choice. It is not inevitable.
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Poverty is what we call the extremes at the bottom.
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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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Multinational corporations must pay their fair share of taxes.
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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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 U.S. basically wrote the rules and created the institutions of globalisation.
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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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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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