Inequality is a choice. It is not inevitable.
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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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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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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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Development is about transforming the lives of people, not just transforming economies.
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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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Ask not what your country can do for you, ask what you can do for your country.
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Society can’t function without shared prosperity.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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The reason that the invisible hand often seems invisible is that it is often not there.
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If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.
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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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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
JOSEPH STIGLITZ