When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZBut while I loved all of these courses, there was an irresistible attraction of economics.
More Joseph Stiglitz Quotes
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Climate change is a reality.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Poverty is what we call the extremes at the bottom.
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We won’t have an economic recovery until Covid-19 is under control.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Loose money and light regulation were a toxic mixture. It exploded.
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Letting bygones be bygones is a basic principle in economics.
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The facts shouldn’t get in the way of a pleasant fantasy.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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The U.S. won’t be free of Covid-19 until the world is.
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Inequality is a choice. It is not inevitable.
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Society can’t function without shared prosperity.
JOSEPH STIGLITZ