But while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZI grew up in a family in which political issues were often discussed, and debated intensely.
More Joseph Stiglitz Quotes
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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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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Poverty is what we call the extremes at the bottom.
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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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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Society can’t function without shared prosperity.
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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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Inequality is a choice. It is not inevitable.
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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 only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Letting bygones be bygones is a basic principle in economics.
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American inequality didn’t just happen. It was created.
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GDP tells you nothing about sustainability.
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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.
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Multinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZ