Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZIt is trust, more than money, that makes the world go round.
More Joseph Stiglitz Quotes
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The facts shouldn’t get in the way of a pleasant fantasy.
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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 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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GDP tells you nothing about sustainability.
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American inequality didn’t just happen. It was created.
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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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The U.S. basically wrote the rules and created the institutions of globalisation.
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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.
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Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
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It’s expensive to keep 2.3 million people in prison.
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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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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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Amherst is a liberal arts college, committed to providing students with a broad education.
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
JOSEPH STIGLITZ