International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZInternational lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZIn developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZThe more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZDevelopment is about transforming the lives of people, not just transforming economies.
JOSEPH STIGLITZInequality is a choice. It is not inevitable.
JOSEPH STIGLITZThe facts shouldn’t get in the way of a pleasant fantasy.
JOSEPH STIGLITZBut while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZMultinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZBitcoin is successful only because of its potential for circumvention, lack of oversight.
JOSEPH STIGLITZNationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
JOSEPH STIGLITZAmerican inequality didn’t just happen. It was created.
JOSEPH STIGLITZIt’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZWhen I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
JOSEPH STIGLITZPoverty is what we call the extremes at the bottom.
JOSEPH STIGLITZWhat you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
JOSEPH STIGLITZGDP tells you nothing about sustainability.
JOSEPH STIGLITZ