Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZIf the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
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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American inequality didn’t just happen. It was created.
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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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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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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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Development is about transforming the lives of people, not just transforming economies.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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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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It is trust, more than money, that makes the world go round.
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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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Climate change is a reality.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Workers’ rights should be a central focus of development.
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