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Poverty is what we call the extremes at the bottom.

Joseph Stiglitz

Related Topics

Bottom Country Extreme Poverty

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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Bankrupt Capital Essential Investment
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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Multinational corporations must pay their fair share of taxes.
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GDP tells you nothing about sustainability.
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American inequality didn’t just happen. It was created.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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It’s expensive to keep 2.3 million people in prison.
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It is trust, more than money, that makes the world go round.
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International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
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Bank Education Focus Infrastructure International Investment Poverty Private Project
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Bitcoin Lack Oversight Potential Success
But while I loved all of these courses, there was an irresistible attraction of economics.
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The U.S. won’t be free of Covid-19 until the world is.
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Country Covid-19 World
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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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.
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The facts shouldn’t get in the way of a pleasant fantasy.
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The reason that the invisible hand often seems invisible is that it is often not there.
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When markets fail, as they often do, collective action becomes imperative.
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Inequality is a choice. It is not inevitable.
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Loose money and light regulation were a toxic mixture. It exploded.
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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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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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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Letting bygones be bygones is a basic principle in economics.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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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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It’s easy to get rich by getting a state asset at a deep discount.
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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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