Home
Authors
Tags
App
Get QuoteDark Inspirational Quotes App
" In debate, one randomly was assigned to one side or the other. This had at least one virtue - it made one see that there was more than one side to these complex issues. "
Joseph Stiglitz
See
Side
Virtue
Related Quotes:
" 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. "
Joseph Stiglitz
Thought
Together
Trying
" I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous. "
Joseph Stiglitz
Information
Good
Insight
" Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist. "
Joseph Stiglitz
Development
Intellectual
Professional
" The IP standards advanced countries favour typically are designed not to maximise innovation and scientific progress, but to maximise the profits of big pharmaceutical companies and others able to sway trade negotiations. "
Joseph Stiglitz
Others
Progress
Big
" Technology has been advancing so fast that the number of jobs globally in manufacturing is declining. There is no way that Trump can bring significant numbers of manufacturing jobs back to the U.S. "
Joseph Stiglitz
Numbers
Fast
Manufacturing
" The diversity of Europe is its strength. But for a single currency to work, over a region with enormous economic and political diversity, is not easy. "
Joseph Stiglitz
Diversity
Political
Strength
" What I argued in 'The Great Divide' is that societies can't function without trust, both politically and economically. "
Joseph Stiglitz
Trust
Divide
Function
" Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich. "
Joseph Stiglitz
Rich
Tax
Republicans
" 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
" If Trump actually wants to help those who have been left behind, he must go beyond the ideological battles of the past. "
Joseph Stiglitz
Go
Past
Help
" 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
" America's role in the global economy inevitably was going to diminish; we're smaller relative to - as China, India, other emerging markets grow. "
Joseph Stiglitz
America
India
Grow
" The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits. "
Joseph Stiglitz
Normal
Economics
Lead
" I began my career as a physicist. And in the White House, my buddies were the people from the White House office of science and technology policy. But a lot of the people were lawyers. They like winning an argument, but science-based, evidence-based reasoning was just sort of not in their framework. "
Joseph Stiglitz
People
Winning
Technology
" 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
" The U.S. basically wrote the rules and created the institutions of globalisation. "
Joseph Stiglitz
Institutions
Rules
Globalisation
" For Obama, the Trans-Pacific Partnership agreement - unilaterally abrogated by Trump - was part of the 'pivot to Asia,' a re-assertion of the role of America in that part of the world. "
Joseph Stiglitz
Partnership
America
Agreement
" 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
" 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
" 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
" Having excessive power in the hands of one country meant the fate of the world was too dependent on what happened in that one country. "
Joseph Stiglitz
World
Country
Fate
" Too many countries of the former Soviet bloc remain under the control of authoritarian leaders, including some, like the Russian president, Vladimir Putin, who have learned how to maintain a more convincing facade of elections than their communist predecessors. "
Joseph Stiglitz
Like
Control
More
" It's very hard to persuade a young person who has seen the Great Recession, who has seen all the problems with inequality, to tell them inequality is not important and that markets are always efficient. They'd think you're crazy. "
Joseph Stiglitz
You
Crazy
Great
" There is something about the mindset of a scientist that is different - an awareness of uncertainty, modeling, proof. "
Joseph Stiglitz
Modeling
Mindset
Uncertainty
" 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
" My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth. "
Joseph Stiglitz
How
Research
Growth
" Society can't function without shared prosperity. "
Joseph Stiglitz
Prosperity
Function
Without
" Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. "
Joseph Stiglitz
Politics
Never
Policy
" High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power. "
Joseph Stiglitz
Power
Politics
Political
" A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking. "
Joseph Stiglitz
Why
Price
Lot