International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZPoverty is what we call the extremes at the bottom.
More Joseph Stiglitz Quotes
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Amherst is a liberal arts college, committed to providing students with a broad education.
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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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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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But while I loved all of these courses, there was an irresistible attraction of economics.
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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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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Inequality is a choice. It is not inevitable.
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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.
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The facts shouldn’t get in the way of a pleasant fantasy.
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Loose money and light regulation were a toxic mixture. It exploded.
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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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It’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZ