Letting bygones be bygones is a basic principle in economics.
JOSEPH STIGLITZWe won’t have an economic recovery until Covid-19 is under control.
More Joseph Stiglitz Quotes
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It’s easy to get rich by getting a state asset at a deep discount.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Poverty is what we call the extremes at the bottom.
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The reason that the invisible hand often seems invisible is that it is often not there.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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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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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Inequality is a choice. It is not inevitable.
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GDP tells you nothing about sustainability.
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Loose money and light regulation were a toxic mixture. It exploded.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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 I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Society can’t function without shared prosperity.
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