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Letting bygones be bygones is a basic principle in economics.

Joseph Stiglitz

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Letting bygones be bygones is a basic principle in economics.
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Loose money and light regulation were a toxic mixture. It exploded.
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GDP tells you nothing about sustainability.
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We won’t have an economic recovery until Covid-19 is under control.
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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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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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The reason that the invisible hand often seems invisible is that it is often not there.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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