The U.S. basically wrote the rules and created the institutions of globalisation.
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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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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But while I loved all of these courses, there was an irresistible attraction of economics.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Poverty is what we call the extremes at the bottom.
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GDP tells you nothing about sustainability.
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Development is about transforming the lives of people, not just transforming economies.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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It’s expensive to keep 2.3 million people in prison.
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We won’t have an economic recovery until Covid-19 is under control.
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The U.S. won’t be free of Covid-19 until the world is.
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When markets fail, as they often do, collective action becomes imperative.
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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.
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Climate change is a reality.
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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.
JOSEPH STIGLITZ