International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
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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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 STIGLITZ -
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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GDP tells you nothing about sustainability.
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We won’t have an economic recovery until Covid-19 is under control.
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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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It is trust, more than money, that makes the world go round.
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Multinational corporations must pay their fair share of taxes.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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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 more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
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American inequality didn’t just happen. It was created.
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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Development is about transforming the lives of people, not just transforming economies.
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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
JOSEPH STIGLITZ