Development is about transforming the lives of people, not just transforming economies.
JOSEPH STIGLITZLetting bygones be bygones is a basic principle in economics.
More Joseph Stiglitz Quotes
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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When markets fail, as they often do, collective action becomes imperative.
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Multinational corporations must pay their fair share of taxes.
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We won’t have an economic recovery until Covid-19 is under control.
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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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The reason that the invisible hand often seems invisible is that it is often not there.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Society can’t function without shared prosperity.
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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Climate change is a reality.
JOSEPH STIGLITZ