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Economists often like startling theorems, results which seem to run counter to conventional wisdom.

Joseph Stiglitz

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Conventional Counter Economy Result Wisdom

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ

Conventional Counter Economy Result Wisdom
Society can’t function without shared prosperity.
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Function Prosperity Share Society
Amherst is a liberal arts college, committed to providing students with a broad education.
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Broad College Education Student
The reason that the invisible hand often seems invisible is that it is often not there.
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Invisible Reason
Ask not what your country can do for you, ask what you can do for your country.
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Country Independence Inspirational
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.
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Economy Education Equality Inequality Opportunity
We won’t have an economic recovery until Covid-19 is under control.
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Control Covid-19 Economy Recover
Letting bygones be bygones is a basic principle in economics.
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Economy Principle
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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Affect Measure Right
The U.S. won’t be free of Covid-19 until the world is.
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Country Covid-19 World
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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Ambition Change Climate Existence Nuclear Planet
The facts shouldn’t get in the way of a pleasant fantasy.
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Fact Fantasy Pleasant
American inequality didn’t just happen. It was created.
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Country Creation Happen Inequality
It’s easy to get rich by getting a state asset at a deep discount.
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Asset Discount Rich Strategy
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bankrupt Capital Essential Investment
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Behavior Debt Government Market Private

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