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All Quotes by author - Joseph Stiglitz
" After the destruction of New Orleans by Hurricane Katrina in 2005, the shutdown of much of New York City by Sandy in 2012, and now the devastation wrought on Texas by Harvey, the U.S. can and should do better. "
" A less healthy America is not going to be as productive. "
" A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking. "
" America and the world are paying a high price for devotion to the extreme anti-government ideology embraced by Donald Trump and his Republican party. "
" Americans like to say we're fighting for democracy, and yet young Americans have come to the view that democracy doesn't deliver. "
" America's role in the global economy inevitably was going to diminish; we're smaller relative to - as China, India, other emerging markets grow. "
" America under Trump has gone from being a world leader to an object of derision. "
" America will suffer under Trump. "
" Amherst is a liberal arts college, committed to providing students with a broad education. "
" Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist. "
" An economy in which most citizens are doing worse year after year - an economy like America's - is not likely to do well over the long haul. "
" A politically astute president who understood deeply the economics and politics of corporate tax reform could conceivably muscle Congress toward a reform package that made sense. Trump is not that leader. "
" A single currency entails a fixed interest rate, which means countries can't manage their own currency to suit their own needs. You need a variety of institutions to help nations for which the policies aren't well suited. Europe introduced the euro without providing those structures. "
" As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns. "
" Behind Trump's promise to 'make America great again' lie many fallacies. The most important fallacy is that America's place in the world can be restored to the one it occupied after World War II, when Europe was still recovering from vast devastation and most developing countries were still European colonies. It can't be. "
" Bitcoin is successful only because of its potential for circumvention, lack of oversight. "
" But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs. "
" But while I loved all of these courses, there was an irresistible attraction of economics. "
" By taxing CO2, firms and households would have an incentive to retrofit for the world of the future. The tax would also provide firms with incentives to innovate in ways that reduce energy usage and emissions - giving them a dynamic competitive advantage. "
" Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them. "
" China-led globalization in some ways worries me because they are not concerned about human rights, labor rights. They probably aren't even really concerned about competitive marketplaces. So in some ways, they're like Mr. Trump. "
" China's government has far more control over the country's economy than our government has over ours, and it is moving from export dependence to a model of growth driven by domestic demand. Any restriction on exports to the U.S. would simply accelerate a process already underway. "
" China, with its large emerging middle class, is among the big beneficiaries of globalization. "
" Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea's nuclear ambitions. "
" Donald J. Trump has the good fortune of taking office as the economy is finally recovering from the 2008 crisis. "
" Donald Trump's astonishing victory in the U.S. presidential election has made one thing abundantly clear: too many Americans - particularly white male Americans - feel left behind. "
" Economists often like startling theorems, results which seem to run counter to conventional wisdom. "
" Ensuring preschool education for all and investing more in public schools is essential if the U.S. is to avoid becoming a neo-feudal country where advantages and disadvantages are passed on from one generation to the next. "
" European officials thought that austerity was part of what they called their 'convergence policies,' of trying to bring countries together. Instead, it actually made things worse. There's more inequality within countries and more disparity across countries. "
" Europe can't rely on a Trump-led U.S. for its defence. But, at the same time, it should recognise that the cold war is over - however unwilling to acknowledge it America's industrial-military complex may be. "
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