Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
JOSEPH STIGLITZIt is trust, more than money, that makes the world go round.
More Joseph Stiglitz Quotes
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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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Development is about transforming the lives of people, not just transforming economies.
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It’s easy to get rich by getting a state asset at a deep discount.
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When markets fail, as they often do, collective action becomes imperative.
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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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Amherst is a liberal arts college, committed to providing students with a broad education.
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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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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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Society can’t function without shared prosperity.
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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
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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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American inequality didn’t just happen. It was created.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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The U.S. basically wrote the rules and created the institutions of globalisation.
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Multinational corporations must pay their fair share of taxes.
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