The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZAnybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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I grew up in a family in which political issues were often discussed, and debated intensely.
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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 facts shouldn’t get in the way of a pleasant fantasy.
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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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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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When markets fail, as they often do, collective action becomes imperative.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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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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The reason that the invisible hand often seems invisible is that it is often not there.
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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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The U.S. won’t be free of Covid-19 until the world is.
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It’s easy to get rich by getting a state asset at a deep discount.
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