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It is trust, more than money, that makes the world go round.

Joseph Stiglitz

Related Topics

Inspirational Money Round Trust World

Bagwalas

Popular Authors

Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZ

Bankrupt Capital Essential Investment
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
The reason that the invisible hand often seems invisible is that it is often not there.
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Invisible Reason
The U.S. won’t be free of Covid-19 until the world is.
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Country Covid-19 World
When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.
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Bank Mindset Pocket
It is trust, more than money, that makes the world go round.
JOSEPH STIGLITZ

Inspirational Money Round Trust World
Poverty is what we call the extremes at the bottom.
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Bottom Country Extreme Poverty
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
Workers’ rights should be a central focus of development.
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Central Development Focus Rights
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
JOSEPH STIGLITZ

Conventional Counter Economy Result Wisdom
Development is about transforming the lives of people, not just transforming economies.
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Development Economy Live People Transformation
We won’t have an economic recovery until Covid-19 is under control.
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Control Covid-19 Economy Recover
Letting bygones be bygones is a basic principle in economics.
JOSEPH STIGLITZ

Economy Principle
Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Bitcoin Lack Oversight Potential Success
The facts shouldn’t get in the way of a pleasant fantasy.
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Fact Fantasy Pleasant
The U.S. basically wrote the rules and created the institutions of globalisation.
JOSEPH STIGLITZ

Country Creation Global Institution Rule

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