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It’s easy to get rich by getting a state asset at a deep discount.

Joseph Stiglitz

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Asset Discount Rich Strategy

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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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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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It’s expensive to keep 2.3 million people in prison.
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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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It is trust, more than money, that makes the world go round.
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Loose money and light regulation were a toxic mixture. It exploded.
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If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
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Poverty is what we call the extremes at the bottom.
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It’s easy to get rich by getting a state asset at a deep discount.
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