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
-
-
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ -
Workers’ rights should be a central focus of development.
JOSEPH STIGLITZ -
The reason that the invisible hand often seems invisible is that it is often not there.
JOSEPH STIGLITZ -
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
JOSEPH STIGLITZ -
It is trust, more than money, that makes the world go round.
JOSEPH STIGLITZ -
The U.S. basically wrote the rules and created the institutions of globalisation.
JOSEPH STIGLITZ -
Poverty is what we call the extremes at the bottom.
JOSEPH STIGLITZ -
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ -
Ask not what your country can do for you, ask what you can do for your country.
JOSEPH STIGLITZ -
The problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZ -
What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
JOSEPH STIGLITZ -
But while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZ -
In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZ -
Society can’t function without shared prosperity.
JOSEPH STIGLITZ -
Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
JOSEPH STIGLITZ -
Inequality is a choice. It is not inevitable.
JOSEPH STIGLITZ -
The U.S. won’t be free of Covid-19 until the world is.
JOSEPH STIGLITZ -
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
JOSEPH STIGLITZ -
The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZ -
I grew up in a family in which political issues were often discussed, and debated intensely.
JOSEPH STIGLITZ -
If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZ -
When markets fail, as they often do, collective action becomes imperative.
JOSEPH STIGLITZ -
Multinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZ -
Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZ -
American inequality didn’t just happen. It was created.
JOSEPH STIGLITZ -
The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZ