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

Joseph Stiglitz

Related Topics

Country Creation Happen Inequality

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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Multinational corporations must pay their fair share of taxes.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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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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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.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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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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Inequality is a choice. It is not inevitable.
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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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I grew up in a family in which political issues were often discussed, and debated intensely.
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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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It is trust, more than money, that makes the world go round.
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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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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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