Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZThe U.S. basically wrote the rules and created the institutions of globalisation.
More Joseph Stiglitz Quotes
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But while I loved all of these courses, there was an irresistible attraction of economics.
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It’s easy to get rich by getting a state asset at a deep discount.
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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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Multinational corporations must pay their fair share of taxes.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Development is about transforming the lives of people, not just transforming economies.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Poverty is what we call the extremes at the bottom.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Workers’ rights should be a central focus of development.
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The reason that the invisible hand often seems invisible is that it is often not there.
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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.
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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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American inequality didn’t just happen. It was created.
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Loose money and light regulation were a toxic mixture. It exploded.
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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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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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What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
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Ask not what your country can do for you, ask what you can do for your country.
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Climate change is a reality.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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We won’t have an economic recovery until Covid-19 is under control.
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Inequality is a choice. It is not inevitable.
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The U.S. won’t be free of Covid-19 until the world is.
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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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Letting bygones be bygones is a basic principle in economics.
JOSEPH STIGLITZ