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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

Related Topics

Bank Education Focus Infrastructure International Investment Poverty Private Project

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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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Affect Measure Right
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Conventional Counter Economy Result Wisdom
Society can’t function without shared prosperity.
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Function Prosperity Share Society
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Behavior Debt Government Market Private
Multinational corporations must pay their fair share of taxes.
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Business Corporation Pay Tax
The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.
JOSEPH STIGLITZ

Activity Circular Debt Help Interest Policy Public
Inequality is a choice. It is not inevitable.
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Choice Inequality Inevitable
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Bitcoin Lack Oversight Potential Success
It’s expensive to keep 2.3 million people in prison.
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It’s easy to get rich by getting a state asset at a deep discount.
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Loose money and light regulation were a toxic mixture. It exploded.
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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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The facts shouldn’t get in the way of a pleasant fantasy.
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Fact Fantasy Pleasant
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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