If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZGDP tells you nothing about sustainability.
More Joseph Stiglitz Quotes
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When markets fail, as they often do, collective action becomes imperative.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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It’s easy to get rich by getting a state asset at a deep discount.
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We won’t have an economic recovery until Covid-19 is under control.
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GDP tells you nothing about sustainability.
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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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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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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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.
JOSEPH STIGLITZ