Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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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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Poverty is what we call the extremes at the bottom.
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When markets fail, as they often do, collective action becomes imperative.
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Letting bygones be bygones is a basic principle in economics.
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Society can’t function without shared prosperity.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ -
When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
JOSEPH STIGLITZ -
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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It’s expensive to keep 2.3 million people in prison.
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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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GDP tells you nothing about sustainability.
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Inequality is a choice. It is not inevitable.
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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.
JOSEPH STIGLITZ