Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZ -
Ask not what your country can do for you, ask what you can do for your country.
JOSEPH STIGLITZ -
Letting bygones be bygones is a basic principle in economics.
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Development is about transforming the lives of people, not just transforming economies.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ -
The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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Multinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZ -
But while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZ -
It’s expensive to keep 2.3 million people in prison.
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It’s easy to get rich by getting a state asset at a deep discount.
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Climate change is a reality.
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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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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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It is trust, more than money, that makes the world go round.
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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.
JOSEPH STIGLITZ