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JOSEPH STIGLITZPoverty is what we call the extremes at the bottom.
More Joseph Stiglitz Quotes
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The reason that the invisible hand often seems invisible is that it is often not there.
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Development is about transforming the lives of people, not just transforming economies.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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It’s expensive to keep 2.3 million people in prison.
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Loose money and light regulation were a toxic mixture. It exploded.
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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When markets fail, as they often do, collective action becomes imperative.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Letting bygones be bygones is a basic principle in economics.
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Poverty is what we call the extremes at the bottom.
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What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
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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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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.
JOSEPH STIGLITZ