Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZWhen I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
More Joseph Stiglitz Quotes
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Multinational corporations must pay their fair share of taxes.
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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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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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The reason that the invisible hand often seems invisible is that it is often not there.
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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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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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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Letting bygones be bygones is a basic principle in economics.
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When markets fail, as they often do, collective action becomes imperative.
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It’s expensive to keep 2.3 million people in prison.
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GDP tells you nothing about sustainability.
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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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The U.S. basically wrote the rules and created the institutions of globalisation.
JOSEPH STIGLITZ






