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" Amherst is a liberal arts college, committed to providing students with a broad education. "
Joseph Stiglitz
Education
Arts
College
Related Quotes:
" When you have a highly divided society, it's hard to come together to make investments in the common good. "
Joseph Stiglitz
Good
Together
Society
" It is always better to tax bad things than good things. "
Joseph Stiglitz
Good Things
Better
Bad
" In an economy, when the government spends more and invests in the economy, that money circulates, and recirculates again and again. So not only does it create jobs once: the investment creates jobs multiple times. "
Joseph Stiglitz
Government
Create
Money
" With neoliberalism discredited and austerity failed, we need to rewrite the rules of the economy once again. But this time in the right way. We need rules that focus on long-term economic growth, and the only kind of sustainable prosperity is shared prosperity. "
Joseph Stiglitz
Focus
Time
Need
" Regulatory reform must move beyond limiting the damage that the financial sector can do and ensure that the sector genuinely serves society. "
Joseph Stiglitz
Beyond
Society
Reform
" 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. "
Joseph Stiglitz
Tax
Giving
Future
" Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations to create the appropriate incentives and discourage undesirable behaviour. It does not bully or threaten particular firms or portray traumatised refugees as a security threat. "
Joseph Stiglitz
Security
Government
Create
" Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in the United States, and it's not going to happen in Europe. "
Joseph Stiglitz
Going
Economy
Me
" The U.S. basically wrote the rules and created the institutions of globalisation. "
Joseph Stiglitz
Institutions
Rules
Globalisation
" I grew up in a family in which political issues were often discussed, and debated intensely. "
Joseph Stiglitz
Political
Which
Issues
" Americans like to say we're fighting for democracy, and yet young Americans have come to the view that democracy doesn't deliver. "
Joseph Stiglitz
Fighting
Young
View
" But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs. "
Joseph Stiglitz
Others
Resources
Actions
" There's a long list of investments that governments could and should be making. There is strengthening infrastructure, such as transport and communications; there is investment in education; there is investment in families, particularly putting measures in place that free women from having to make the choice between raising a family and work. "
Joseph Stiglitz
Women
Free
Education
" We share a common planet, and the world has learned the hard way that we have to get along and work together. We have learned, too, that cooperation can benefit all. "
Joseph Stiglitz
Work
World
Together
" It isn't inevitable that we have a globalization which is used by the corporations not to pay taxes. It is not inevitable that we have a form of globalization in which corporations use the threat of moving jobs abroad to lower wages. None of this is inevitable. "
Joseph Stiglitz
Taxes
Moving
Globalization
" Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. "
Joseph Stiglitz
Politics
Never
Policy
" 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. "
Joseph Stiglitz
Strike
Why
Discrimination
" One can only hope that America, and other countries, will not need more natural persuasion before taking to heart the lessons of Hurricane Harvey. "
Joseph Stiglitz
Hurricane
Need
Hope
" People at the top spend less money than those at the bottom, so when you have redistribution toward the top, aggregate demand goes down. Unless you intervene, you're going to have a weak economy unless something else happens. "
Joseph Stiglitz
You
Down
Economy
" What I argued in 'The Great Divide' is that societies can't function without trust, both politically and economically. "
Joseph Stiglitz
Trust
Divide
Function
" America under Trump has gone from being a world leader to an object of derision. "
Joseph Stiglitz
Object
Leader
Gone
" If Trump wants to withdraw the U.S. from the Paris climate agreement, the rest of the world should impose a carbon-adjustment tax on U.S. exports that do not comply with global standards. "
Joseph Stiglitz
Tax
Rest
Paris
" The reality is that what we did in 2010 with the Dodd-Frank wasn't enough. "
Joseph Stiglitz
Did
Enough
Reality
" 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. "
Joseph Stiglitz
America
World
Republican
" To maximise global social welfare, policymakers should strongly encourage the diffusion of knowledge from developed to developing countries. "
Joseph Stiglitz
Welfare
Encourage
Knowledge
" The euro zone was driven by the neoliberal view that markets are always efficient. That in itself is political. There was no pressing economic need that the euro was required to solve, but leaders believed that it would foster growth. "
Joseph Stiglitz
Need
Political
Always
" If there is a silver lining in the Trump cloud, it is a new sense of solidarity over core values such as tolerance and equality, sustained by awareness of the bigotry and misogyny, whether hidden or open, that Trump and his team embody. "
Joseph Stiglitz
Cloud
Team
Equality
" Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation. "
Joseph Stiglitz
Logic
Every Day
Exploring
" A less healthy America is not going to be as productive. "
Joseph Stiglitz
Healthy
Productive
America
" If I came home with a grade of A, my father would say, 'There must have been a lot of dummies in that class.' "
Joseph Stiglitz
Father
Class
Been