Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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
-
-
The U.S. won’t be free of Covid-19 until the world is.
JOSEPH STIGLITZ -
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
JOSEPH STIGLITZ -
The reason that the invisible hand often seems invisible is that it is often not there.
JOSEPH STIGLITZ -
International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
JOSEPH STIGLITZ -
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 -
If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
JOSEPH STIGLITZ -
The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
JOSEPH STIGLITZ -
Amherst is a liberal arts college, committed to providing students with a broad education.
JOSEPH STIGLITZ -
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
JOSEPH STIGLITZ -
Society can’t function without shared prosperity.
JOSEPH STIGLITZ -
The problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZ -
Multinational corporations must pay their fair share of taxes.
JOSEPH STIGLITZ -
Workers’ rights should be a central focus of development.
JOSEPH STIGLITZ -
Ask not what your country can do for you, ask what you can do for your country.
JOSEPH STIGLITZ -
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ