It is trust, more than money, that makes the world go round.
JOSEPH STIGLITZIt is trust, more than money, that makes the world go round.
JOSEPH STIGLITZMacroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZClimate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
JOSEPH STIGLITZThe U.S. basically wrote the rules and created the institutions of globalisation.
JOSEPH STIGLITZInequality is a choice. It is not inevitable.
JOSEPH STIGLITZPoverty is what we call the extremes at the bottom.
JOSEPH STIGLITZThe U.S. won’t be free of Covid-19 until the world is.
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.
JOSEPH STIGLITZWhat you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
JOSEPH STIGLITZIt’s easy to get rich by getting a state asset at a deep discount.
JOSEPH STIGLITZThe extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZThe more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZInternational lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZLoose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZBut while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZAnybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ