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

Joseph Stiglitz

Related Topics

Bitcoin Lack Oversight Potential Success

Bagwalas

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When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZ

Bitcoin Crypto Currency Failure Market Share Market
The facts shouldn’t get in the way of a pleasant fantasy.
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Fact Fantasy Pleasant
It is trust, more than money, that makes the world go round.
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Inspirational Money Round Trust World
Loose money and light regulation were a toxic mixture. It exploded.
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GDP tells you nothing about sustainability.
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Economy GDP Sustain
Workers’ rights should be a central focus of development.
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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
When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Bank Mindset Pocket
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bankrupt Capital Essential Investment
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
JOSEPH STIGLITZ

Behavior Debt Government Market Private
We won’t have an economic recovery until Covid-19 is under control.
JOSEPH STIGLITZ

Control Covid-19 Economy Recover
If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZ

Ask Effective Help President Refuse
What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
JOSEPH STIGLITZ

Affect Measure Right
Amherst is a liberal arts college, committed to providing students with a broad education.
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Broad College Education Student
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Poverty is what we call the extremes at the bottom.
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