The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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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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 -
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
JOSEPH STIGLITZ -
The reason that the invisible hand often seems invisible is that it is often not there.
JOSEPH STIGLITZ -
The U.S. basically wrote the rules and created the institutions of globalisation.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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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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GDP tells you nothing about sustainability.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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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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Loose money and light regulation were a toxic mixture. It exploded.
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Development is about transforming the lives of people, not just transforming economies.
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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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It is trust, more than money, that makes the world go round.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ