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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American inequality didn’t just happen. It was created.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Ask not what your country can do for you, ask what you can do for your country.
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Climate change is a reality.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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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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We won’t have an economic recovery until Covid-19 is under control.
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Society can’t function without shared prosperity.
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Letting bygones be bygones is a basic principle in economics.
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The facts shouldn’t get in the way of a pleasant fantasy.
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Development is about transforming the lives of people, not just transforming economies.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZ