Joseph Stiglitz quotes: wise famous quotes, sayings and quotations by Joseph Stiglitz

Joseph Stiglitz Famous Quotes & Sayings

Discover top inspirational quotes from Joseph Stiglitz on Wise Famous Quotes.

Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist.

The problem is a lot of what is called economics is not economics. It is more ideology or religion.

The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.

We are helping the people that [George W.]Bush says are evil. Teheran couldn't be happier about the high oil prices resulting from the Iraq war.

When I said "the pocket of the banks," it is not necessarily a mercenary relationship. It is a mindset.

I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights.

Most people think the Iraq war has increased the probability of an attack. However, it's difficult to put this aspect into financial terms.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

But while I loved all of these courses, there was an irresistible attraction of economics.

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.

Not everybody is qualified to go to Stanford, but everybody should have access to the best qualify for which they are eligible.

In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

I knew that discrimination existed, even though there were many individuals who were not prejudiced.

What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.

The reason that the invisible hand often seems invisible is that it is often not there.

Poverty is what we call the extremes at the bottom.

Active learning is always involved with interaction between teachers and students and Socratic methods and that's gonna continue.

I grew up in a family in which political issues were often discussed, and debated intensely.

Most poor people earn more than minimum wage when they are working; their problem is not low wages. The problem comes when they are not working.

I think that for the developing world there are many versions of capitalism, and countries have to choose one that's appropriate.

GDP tells you nothing about sustainability

If the President asked you to help, I don't think anybody could refuse, unless one felt that one couldn't be effective.

American inequality didn't just happen. It was created.

International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.

The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy.

Climate change is a reality.

Amherst is a liberal arts college, committed to providing students with a broad education.

You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.

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