Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
JOSEPH STIGLITZAnybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
More Joseph Stiglitz Quotes
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Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.
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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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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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It’s easy to get rich by getting a state asset at a deep discount.
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Climate change is a reality.
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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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GDP tells you nothing about sustainability.
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American inequality didn’t just happen. It was created.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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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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Ask not what your country can do for you, ask what you can do for your country.
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Multinational corporations must pay their fair share of taxes.
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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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Inequality is a choice. It is not inevitable.
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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
JOSEPH STIGLITZ