But while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZThe reason that the invisible hand often seems invisible is that it is often not there.
More Joseph Stiglitz Quotes
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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The reason that the invisible hand often seems invisible is that it is often not there.
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Inequality is a choice. It is not inevitable.
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Development is about transforming the lives of people, not just transforming economies.
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The facts shouldn’t get in the way of a pleasant fantasy.
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It’s easy to get rich by getting a state asset at a deep discount.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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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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It’s expensive to keep 2.3 million people in prison.
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Poverty is what we call the extremes at the bottom.
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When markets fail, as they often do, collective action becomes imperative.
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The U.S. won’t be free of Covid-19 until the world is.
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