In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZAmerican inequality didn’t just happen. It was created.
More Joseph Stiglitz Quotes
-
-
The U.S. won’t be free of Covid-19 until the world is.
JOSEPH STIGLITZ -
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
JOSEPH STIGLITZ -
Workers’ rights should be a central focus of development.
JOSEPH STIGLITZ -
It’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZ -
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZ -
Society can’t function without shared prosperity.
JOSEPH STIGLITZ -
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.
JOSEPH STIGLITZ -
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ -
Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZ -
We won’t have an economic recovery until Covid-19 is under control.
JOSEPH STIGLITZ -
The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZ -
It’s easy to get rich by getting a state asset at a deep discount.
JOSEPH STIGLITZ -
Letting bygones be bygones is a basic principle in economics.
JOSEPH STIGLITZ -
GDP tells you nothing about sustainability.
JOSEPH STIGLITZ -
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
JOSEPH STIGLITZ