But while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZPoverty is what we call the extremes at the bottom.
More Joseph Stiglitz Quotes
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The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
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It is trust, more than money, that makes the world go round.
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Letting bygones be bygones is a basic principle in economics.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Inequality is a choice. It is not inevitable.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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It’s easy to get rich by getting a state asset at a deep discount.
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Climate change is a reality.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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The facts shouldn’t get in the way of a pleasant fantasy.
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Workers’ rights should be a central focus of development.
JOSEPH STIGLITZ