The problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZThe problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZAmerican inequality didn’t just happen. It was created.
JOSEPH STIGLITZIt’s expensive to keep 2.3 million people in prison.
JOSEPH STIGLITZLoose money and light regulation were a toxic mixture. It exploded.
JOSEPH STIGLITZWhen I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
JOSEPH STIGLITZWhat you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.
JOSEPH STIGLITZBut while I loved all of these courses, there was an irresistible attraction of economics.
JOSEPH STIGLITZMultinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZClimate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
JOSEPH STIGLITZGDP tells you nothing about sustainability.
JOSEPH STIGLITZWorkers’ rights should be a central focus of development.
JOSEPH STIGLITZSociety can’t function without shared prosperity.
JOSEPH STIGLITZIn developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZThe facts shouldn’t get in the way of a pleasant fantasy.
JOSEPH STIGLITZAnybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZWhen 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