Joseph Stiglitz

In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

— Joseph Stiglitz

When you're in government, you have a big impact in Washington, but Washington may not be doing very much.

— Joseph Stiglitz

If you destroy a firm, you can't pull it out of bankruptcy overnight.

— Joseph Stiglitz

Not everybody is qualified to go to Stanford, but everybody should have access to the best qualify for which they are eligible.

— Joseph Stiglitz

China, with its large emerging middle class, is among the big beneficiaries of globalization.

— Joseph Stiglitz

You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.

— Joseph Stiglitz

With my kids, I'm a little sappier than my father may have been.

— Joseph Stiglitz

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

— Joseph Stiglitz

An economy in which most citizens are doing worse year after year - an economy like America's - is not likely to…

— Joseph Stiglitz

The IP standards advanced countries favour typically are designed not to maximise innovation and scientific progress, but to maximise the profits of…

— Joseph Stiglitz

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

I'm writing from New Zealand - a country that decided from the beginning that the War was wrong, and chose not to…

— Joseph Stiglitz

The life prospects of an American are more dependent on the income and education of his parents than in any of the…

— Joseph Stiglitz

Donald Trump's astonishing victory in the U.S. presidential election has made one thing abundantly clear: too many Americans - particularly white male…

— Joseph Stiglitz

For instance, one of the costs of the war is that soldiers today get very seriously injured but stay alive, and we…

— Joseph Stiglitz

Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let…

— Joseph Stiglitz

I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down…

— Joseph Stiglitz

Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses,…

— Joseph Stiglitz

Negative effects on the economy were covered up with a flood of liquidity from the Fed. That,plus lax regulation, led to a…

— Joseph Stiglitz

The crisis was 2008, in 2015 - almost eight years later and the gap between where we would have been and where…

— Joseph Stiglitz

The country has large unfunded liabilities - social security, health care, and there will have to be some adjustments to these problems.…

— Joseph Stiglitz

Globalization and trade liberalization were supposed to make us all better off through the mechanism of trickle-down economics. What we seemed to…

— Joseph Stiglitz

Some people say we have this inequality because some people have been contributing much more to our society, and so it's fair…

— Joseph Stiglitz

Twenty per cent of American children grow up in poverty, and that means they get inadequate nutrition, inadequate health care, and because…

— Joseph Stiglitz

Bitcoin is successful only because of its potential for circumvention, lack of oversight.

— Joseph Stiglitz

I'm enough of a political junkie to know if you have large numbers of people much worse off, you're going to have…

— Joseph Stiglitz

If I came home with a grade of A, my father would say, 'There must have been a lot of dummies in…

— Joseph Stiglitz

A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking.

— Joseph Stiglitz

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

— Joseph Stiglitz

There is something about the mindset of a scientist that is different - an awareness of uncertainty, modeling, proof.

— Joseph Stiglitz

Tax policy should reflect a country's values and address its problems.

— Joseph Stiglitz

The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits.

— Joseph Stiglitz

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

— Joseph Stiglitz

Growth is not an objective in itself; we should be concerned with standards of living.

— Joseph Stiglitz

When you have a highly divided society, it's hard to come together to make investments in the common good.

— Joseph Stiglitz

Trump can bring jobs back, but they will be minimal-wage jobs, not the high-paying jobs of the 1950s.

— Joseph Stiglitz

The U.S. basically wrote the rules and created the institutions of globalisation.

— Joseph Stiglitz

Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist.

— Joseph Stiglitz

The reason that the invisible hand often seems invisible is that it is often not there.

— Joseph Stiglitz

Donald J. Trump has the good fortune of taking office as the economy is finally recovering from the 2008 crisis.

— Joseph Stiglitz