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GDP tells you nothing about sustainability.

Joseph Stiglitz

Related Topics

Economy GDP Sustain

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American inequality didn’t just happen. It was created.
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Country Creation Happen Inequality
Ask not what your country can do for you, ask what you can do for your country.
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Country Independence Inspirational
The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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Economy Ideology Problem Religion
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Development Economy Surprise
The reason that the invisible hand often seems invisible is that it is often not there.
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Invisible Reason
The U.S. basically wrote the rules and created the institutions of globalisation.
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Country Creation Global Institution Rule
It is trust, more than money, that makes the world go round.
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Inspirational Money Round Trust World
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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Bank Education Focus Infrastructure International Investment Poverty Private Project
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Bitcoin Lack Oversight Potential Success
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bankrupt Capital Essential Investment
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Behavior Debt Government Market Private
Climate change is a reality.
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Change Climate One Liner Reality
The U.S. won’t be free of Covid-19 until the world is.
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Country Covid-19 World
The facts shouldn’t get in the way of a pleasant fantasy.
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Fact Fantasy Pleasant
But while I loved all of these courses, there was an irresistible attraction of economics.
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Attraction Economy
Loose money and light regulation were a toxic mixture. It exploded.
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Mixture Money Toxic
Inequality is a choice. It is not inevitable.
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Choice Inequality Inevitable
Letting bygones be bygones is a basic principle in economics.
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Economy Principle
Poverty is what we call the extremes at the bottom.
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Bottom Country Extreme Poverty
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Different Economy Fundamental Group Involvement Policy Politics
Amherst is a liberal arts college, committed to providing students with a broad education.
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Broad College Education Student
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Conventional Counter Economy Result Wisdom
It’s easy to get rich by getting a state asset at a deep discount.
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Asset Discount Rich Strategy
Workers’ rights should be a central focus of development.
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Central Development Focus Rights
We won’t have an economic recovery until Covid-19 is under control.
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Control Covid-19 Economy Recover
Society can’t function without shared prosperity.
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Function Prosperity Share Society
If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZ

Ask Effective Help President Refuse

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