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 STIGLITZEconomists often like startling theorems, results which seem to run counter to conventional wisdom.
More Joseph Stiglitz Quotes
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Amherst is a liberal arts college, committed to providing students with a broad education.
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The facts shouldn’t get in the way of a pleasant fantasy.
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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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What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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The U.S. won’t be free of Covid-19 until the world is.
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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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Development is about transforming the lives of people, not just transforming economies.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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It’s easy to get rich by getting a state asset at a deep discount.
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When markets fail, as they often do, collective action becomes imperative.
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Letting bygones be bygones is a basic principle in economics.
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Society can’t function without shared prosperity.
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American inequality didn’t just happen. It was created.
JOSEPH STIGLITZ