America under Trump has gone from being a world leader to an object of derision. — Joseph Stiglitz Copy Share Image
I don't think anybody really thinks that one should get rid of the World Bank. Reform is one thing, but getting rid… — Joseph Stiglitz Copy Share Image
America and the world are paying a high price for devotion to the extreme anti-government ideology embraced by Donald Trump and his… — Joseph Stiglitz Copy Share Image
For Obama, the Trans-Pacific Partnership agreement - unilaterally abrogated by Trump - was part of the 'pivot to Asia,' a re-assertion of… — Joseph Stiglitz Copy Share Image
For the president of the United States, reputation does matter. The reputation of the United States does matter. We are dealing with… — Joseph Stiglitz Copy Share Image
Having excessive power in the hands of one country meant the fate of the world was too dependent on what happened in… — Joseph Stiglitz Copy Share Image
If Trump wants to withdraw the U.S. from the Paris climate agreement, the rest of the world should impose a carbon-adjustment tax… — Joseph Stiglitz Copy Share Image
I think that for the developing world there are many versions of capitalism, and countries have to choose one that's appropriate. — Joseph Stiglitz Copy Share Image
We share a common planet, and the world has learned the hard way that we have to get along and work together.… — Joseph Stiglitz Copy Share Image
World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy… — Joseph Stiglitz Copy Share Image
Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses,… — Joseph Stiglitz Copy Share Image
Behind Trump's promise to 'make America great again' lie many fallacies. The most important fallacy is that America's place in the world… — Joseph Stiglitz Copy Share Image
By taxing CO2, firms and households would have an incentive to retrofit for the world of the future. The tax would also… — Joseph Stiglitz Copy Share Image
The international institutions go around the world preaching liberalization, and the developing countries see that means open up your markets to our… — Joseph Stiglitz Copy Share Image
Trump sees the world in terms of a zero-sum game. In reality, globalisation, if well managed, is a positive-sum force: America gains… — Joseph Stiglitz Copy Share Image
It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in… — Joseph Stiglitz Copy Share Image
For 60 years, since World War II, we have been trying to create a rules-based system, a global economic system. We understand… — Joseph Stiglitz Copy Share Image
The momentum today behind the idea of a new global reserve currency reflects, in effect, the rise of the rest in world… — Joseph Stiglitz Copy Share Image
There is a broad consensus, not only in the United States but in most of the world, that if you are in… — Joseph Stiglitz Copy Share Image
It is a set of policies formulated between 15th and 19th streets by the U.S. Treasury, and World Bank. Countries should focus… — Joseph Stiglitz Copy Share Image
During my three years as chief economist of the World Bank, labor market issues were looked at through the lens of neoclassical… — Joseph Stiglitz Copy Share Image
President Trump sees the world in transactional and zero-sum terms - if something is good for China, it must be bad for… — Joseph Stiglitz Copy Share Image
The diminishing economic role of the United States in the global economy means that global political power will also become more dispersed.… — Joseph Stiglitz Copy Share Image
The issue is: $1 trillion or $2 trillion is a lot of money. If our objective is to have stability in the… — Joseph Stiglitz Copy Share Image
I grew up in a family in which political issues were often discussed, and debated intensely. — Joseph Stiglitz Copy Share
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 Copy Share
China, with its large emerging middle class, is among the big beneficiaries of globalization. — Joseph Stiglitz Copy Share
Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those… — Joseph Stiglitz Copy Share
Some people say we have this inequality because some people have been contributing much more to our society, and so it's fair that they… — Joseph Stiglitz Copy Share
It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in so much… — Joseph Stiglitz Copy Share
In an economy, when the government spends more and invests in the economy, that money circulates, and recirculates again and again. So not only… — Joseph Stiglitz Copy Share
The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits. — Joseph Stiglitz Copy Share
As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability -… — Joseph Stiglitz Copy Share
We noted the psychological problems facing many of the returning from Iraq veterans - of the 700,000 returning veterans, more than a 100,000 have… — Joseph Stiglitz Copy Share
World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get… — Joseph Stiglitz Copy Share
Moreover, because we chose to finance the way by borrowing, our deficits and debt has soared, and this means we have less room for… — Joseph Stiglitz Copy Share
I've always been sceptical about the notion that the market is a person you can engage in an argument with, and that that person… — Joseph Stiglitz Copy Share
The striking thing about America is - it's historically, extraordinary unusual,I don't of any other instance - is that productivity of workers and wages… — Joseph Stiglitz Copy Share
![“World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get securely out of this decline. This time, the war [in Iraq] is bad for the economy in both the short and long run. We could have spent trillions in research or education…” quote by Joseph Stiglitz](https://sms4smile.com/q/img-quotes/860/joseph-stiglitz-1351_america_world-war-ii-was-really-unusual-because_156000.jpg)
