The facts shouldn’t get in the way of a pleasant fantasy.
JOSEPH STIGLITZIt’s expensive to keep 2.3 million people in prison.
More Joseph Stiglitz Quotes
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The U.S. basically wrote the rules and created the institutions of globalisation.
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Loose money and light regulation were a toxic mixture. It exploded.
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Workers’ rights should be a central focus of development.
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When markets fail, as they often do, collective action becomes imperative.
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Society can’t function without shared prosperity.
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Development is about transforming the lives of people, not just transforming economies.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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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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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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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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Poverty is what we call the extremes at the bottom.
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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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We won’t have an economic recovery until Covid-19 is under control.
JOSEPH STIGLITZ