Loose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZWhat you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
More Joseph Stiglitz Quotes
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Letting bygones be bygones is a basic principle in economics.
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The facts shouldn’t get in the way of a pleasant fantasy.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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The U.S. won’t be free of Covid-19 until the world is.
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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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GDP tells you nothing about sustainability.
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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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The reason that the invisible hand often seems invisible is that it is often not there.
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Workers’ rights should be a central focus of development.
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American inequality didn’t just happen. It was created.
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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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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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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.
JOSEPH STIGLITZ