Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZPoverty is what we call the extremes at the bottom.
More Joseph Stiglitz Quotes
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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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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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We won’t have an economic recovery until Covid-19 is under control.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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Society can’t function without shared prosperity.
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Inequality is a choice. It is not inevitable.
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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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Letting bygones be bygones is a basic principle in economics.
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Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
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Workers’ rights should be a central focus of development.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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.
JOSEPH STIGLITZ