We won’t have an economic recovery until Covid-19 is under control.
JOSEPH STIGLITZInternational lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
More Joseph Stiglitz Quotes
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Development is about transforming the lives of people, not just transforming economies.
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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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American inequality didn’t just happen. It was created.
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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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When markets fail, as they often do, collective action becomes imperative.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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Climate change is a reality.
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The reason that the invisible hand often seems invisible is that it is often not there.
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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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Loose money and light regulation were a toxic mixture. It exploded.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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It is trust, more than money, that makes the world go round.
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Society can’t function without shared prosperity.
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It’s easy to get rich by getting a state asset at a deep discount.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZ