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But while I loved all of these courses, there was an irresistible attraction of economics.

Joseph Stiglitz

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It’s expensive to keep 2.3 million people in prison.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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When markets fail, as they often do, collective action becomes imperative.
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Development is about transforming the lives of people, not just transforming economies.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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It’s easy to get rich by getting a state asset at a deep discount.
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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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What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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The facts shouldn’t get in the way of a pleasant fantasy.
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GDP tells you nothing about sustainability.
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