Development is about transforming the lives of people, not just transforming economies.
JOSEPH STIGLITZAmerican inequality didn’t just happen. It was created.
More Joseph Stiglitz Quotes
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Loose money and light regulation were a toxic mixture. It exploded.
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It’s easy to get rich by getting a state asset at a deep discount.
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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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But while I loved all of these courses, there was an irresistible attraction of economics.
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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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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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American inequality didn’t just happen. It was created.
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Workers’ rights should be a central focus of development.
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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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We won’t have an economic recovery until Covid-19 is under control.
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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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Ask not what your country can do for you, ask what you can do for your country.
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The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZ