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Bitcoin is successful only because of its potential for circumvention, lack of oversight.

Joseph Stiglitz

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Bitcoin Lack Oversight Potential Success

Bagwalas

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The reason that the invisible hand often seems invisible is that it is often not there.
JOSEPH STIGLITZ

Invisible Reason
Amherst is a liberal arts college, committed to providing students with a broad education.
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Broad College Education Student
The U.S. won’t be free of Covid-19 until the world is.
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Country Covid-19 World
It’s expensive to keep 2.3 million people in prison.
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Expensive People Prison
In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Country Development Infrastructure Serious Trade
I grew up in a family in which political issues were often discussed, and debated intensely.
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Debt Discuss Family Grow Up Intense Politics
Workers’ rights should be a central focus of development.
JOSEPH STIGLITZ

Central Development Focus Rights
It’s easy to get rich by getting a state asset at a deep discount.
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Asset Discount Rich Strategy
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Development Economy Surprise
Climate change is a reality.
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Change Climate One Liner Reality
Inequality is a choice. It is not inevitable.
JOSEPH STIGLITZ

Choice Inequality Inevitable
The facts shouldn’t get in the way of a pleasant fantasy.
JOSEPH STIGLITZ

Fact Fantasy Pleasant
International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZ

Bank Education Focus Infrastructure International Investment Poverty Private Project
Multinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZ

Business Corporation Pay Tax
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Different Economy Fundamental Group Involvement Policy Politics
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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Affect Measure Right

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