The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
JOSEPH STIGLITZWe won’t have an economic recovery until Covid-19 is under control.
More Joseph Stiglitz Quotes
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Amherst is a liberal arts college, committed to providing students with a broad education.
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The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
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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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When markets fail, as they often do, collective action becomes imperative.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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American inequality didn’t just happen. It was created.
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It’s easy to get rich by getting a state asset at a deep discount.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Society can’t function without shared prosperity.
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Climate change is a reality.
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Letting bygones be bygones is a basic principle in economics.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZ