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American inequality didn’t just happen. It was created.

Joseph Stiglitz

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When markets fail, as they often do, collective action becomes imperative.
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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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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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GDP tells you nothing about sustainability.
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It’s expensive to keep 2.3 million people in prison.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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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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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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It is trust, more than money, that makes the world go round.
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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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