Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZIt’s easy to get rich by getting a state asset at a deep discount.
More Joseph Stiglitz Quotes
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Climate change is a reality.
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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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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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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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We won’t have an economic recovery until Covid-19 is under control.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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GDP tells you nothing about sustainability.
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The U.S. won’t be free of Covid-19 until the world is.
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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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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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Poverty is what we call the extremes at the bottom.
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Society can’t function without shared prosperity.
JOSEPH STIGLITZ