Climate change is a reality.
JOSEPH STIGLITZEconomists often like startling theorems, results which seem to run counter to conventional wisdom.
More Joseph Stiglitz Quotes
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Inequality is a choice. It is not inevitable.
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It’s easy to get rich by getting a state asset at a deep discount.
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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.
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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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Loose money and light regulation were a toxic mixture. It exploded.
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When markets fail, as they often do, collective action becomes imperative.
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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Letting bygones be bygones is a basic principle in economics.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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It’s expensive to keep 2.3 million people in prison.
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Society can’t function without shared prosperity.
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The U.S. won’t be free of Covid-19 until the world is.
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZ