Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZEconomists often like startling theorems, results which seem to run counter to conventional wisdom.
More Joseph Stiglitz Quotes
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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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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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Inequality is a choice. It is not inevitable.
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The reason that the invisible hand often seems invisible is that it is often not there.
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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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The U.S. won’t be free of Covid-19 until the world is.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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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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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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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GDP tells you nothing about sustainability.
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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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Society can’t function without shared prosperity.
JOSEPH STIGLITZ