Workers’ rights should be a central focus of development.
JOSEPH STIGLITZClimate change is a reality.
More Joseph Stiglitz Quotes
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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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GDP tells you nothing about sustainability.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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The facts shouldn’t get in the way of a pleasant fantasy.
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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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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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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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Loose money and light regulation were a toxic mixture. It exploded.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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We won’t have an economic recovery until Covid-19 is under control.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Development is about transforming the lives of people, not just transforming economies.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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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I grew up in a family in which political issues were often discussed, and debated intensely.
JOSEPH STIGLITZ