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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

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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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Development is about transforming the lives of people, not just transforming economies.
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The U.S. won’t be free of Covid-19 until the world is.
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It’s expensive to keep 2.3 million people in prison.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Multinational corporations must pay their fair share of taxes.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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When you don’t have equality of opportunity because you don’t have equal access to education, it just seems so outrageous. It weakens our economy and leads to more inequality.
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Inequality is a choice. It is not inevitable.
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We won’t have an economic recovery until Covid-19 is under control.
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The reason that the invisible hand often seems invisible is that it is often not there.
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It’s easy to get rich by getting a state asset at a deep discount.
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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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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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