The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZClimate change is a reality.
More Joseph Stiglitz Quotes
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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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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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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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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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Poverty is what we call the extremes at the bottom.
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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.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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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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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ






