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" While it was an experiment to bring them together, nothing has divided Europe as much as the euro. "

Joseph Stiglitz

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" Trump sees the world in terms of a zero-sum game. In reality, globalisation, if well managed, is a positive-sum force: America gains if its friends and allies - whether Australia, the E.U., or Mexico - are stronger. But Trump's approach threatens to turn it into a negative-sum game: America will lose, too. "

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" 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. "

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" The reality is that what we did in 2010 with the Dodd-Frank wasn't enough. "

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" There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists. "

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" What I argued in 'The Great Divide' is that societies can't function without trust, both politically and economically. "

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