When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZWhen 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.
More Joseph Stiglitz Quotes
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Society can’t function without shared prosperity.
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It’s expensive to keep 2.3 million people in prison.
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Letting bygones be bygones is a basic principle in economics.
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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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The reason that the invisible hand often seems invisible is that it is often not there.
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We won’t have an economic recovery until Covid-19 is under control.
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Poverty is what we call the extremes at the bottom.
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The U.S. won’t be free of Covid-19 until the world is.
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It’s easy to get rich by getting a state asset at a deep discount.
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Loose money and light regulation were a toxic mixture. It exploded.
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Multinational corporations must pay their fair share of taxes.
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GDP tells you nothing about sustainability.
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I grew up in a family in which political issues were often discussed, and debated intensely.
JOSEPH STIGLITZ






