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The U.S. basically wrote the rules and created the institutions of globalisation.

Joseph Stiglitz

Related Topics

Country Creation Global Institution Rule

Bagwalas

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Poverty is what we call the extremes at the bottom.
JOSEPH STIGLITZ

Bottom Country Extreme Poverty
Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
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Ambition Change Climate Existence Nuclear Planet
The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
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Money Need Society Spend Wealth
Climate change is a reality.
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Change Climate One Liner Reality
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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Bank Education Focus Infrastructure International Investment Poverty Private Project
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
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Bitcoin Lack Oversight Potential Success
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Conventional Counter Economy Result Wisdom
It is trust, more than money, that makes the world go round.
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Inspirational Money Round Trust World
The reason that the invisible hand often seems invisible is that it is often not there.
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Invisible Reason
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bankrupt Capital Essential Investment
The U.S. won’t be free of Covid-19 until the world is.
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Country Covid-19 World
The U.S. basically wrote the rules and created the institutions of globalisation.
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Country Creation Global Institution Rule
We won’t have an economic recovery until Covid-19 is under control.
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Control Covid-19 Economy Recover
The facts shouldn’t get in the way of a pleasant fantasy.
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Fact Fantasy Pleasant

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