---
title: "2 American economy Quotes By Joseph Stiglitz"
description: "2 American economy quotes by Joseph Stiglitz. Plus more from Joseph Stiglitz and more American economy sayings from other authors."
image: "https://sms4smile.com/quotes/i/034/joseph-stiglitz-1351_building_there-is-a-clear-and-strong-link-between_2234745.jpg"
---

> [There is a clear and strong link between the economy's present woes and the Iraq war. The war was at least one of the factors contributing to rising oil prices - which meant Americans were spending money on imported oil,…](https://sms4smile.com/quotes/joseph-stiglitz/there-is-a-clear-and-strong-link-between-the-economy-s-present-woes/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

[Image](https://sms4smile.com/quotes/i/034/joseph-stiglitz-1351_building_there-is-a-clear-and-strong-link-between_2234745.jpg)

> [The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier.](https://sms4smile.com/quotes/joseph-stiglitz/the-only-people-benefiting-in-iraq-war-are-george-bush-s-jr-friends/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

[Image](https://sms4smile.com/quotes/i/85b/joseph-stiglitz-1351_american-economy_the-only-people-benefiting-in-iraq-war-a_2413847.jpg)

## More by Joseph Stiglitz

> [I grew up in a family in which political issues were often discussed, and debated intensely.](https://sms4smile.com/quotes/joseph-stiglitz/i-grew-up-in-a-family-in-which-political-issues-were-often-discussed/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs.](https://sms4smile.com/quotes/joseph-stiglitz/but-individuals-and-firms-spend-an-enormous-amount-of-resources/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [China, with its large emerging middle class, is among the big beneficiaries of globalization.](https://sms4smile.com/quotes/joseph-stiglitz/china-with-its-large-emerging-middle-class-is-among-the-big/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those…](https://sms4smile.com/quotes/joseph-stiglitz/trickle-down-economics-is-a-myth-enriching-corporations-as-the-tpp/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/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 that they…](https://sms4smile.com/quotes/joseph-stiglitz/some-people-say-we-have-this-inequality-because-some-people-have-been/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [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…](https://sms4smile.com/quotes/joseph-stiglitz/it-s-actually-a-tribute-to-the-quality-of-economics-teaching-that/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [In an economy, when the government spends more and invests in the economy, that money circulates, and recirculates again and again. So not only…](https://sms4smile.com/quotes/joseph-stiglitz/in-an-economy-when-the-government-spends-more-and-invests-in-the/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits.](https://sms4smile.com/quotes/joseph-stiglitz/the-laws-of-normal-economics-dictate-that-lower-taxes-combined-with/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [A less healthy America is not going to be as productive.](https://sms4smile.com/quotes/joseph-stiglitz/a-less-healthy-america-is-not-going-to-be-as-productive/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability -…](https://sms4smile.com/quotes/joseph-stiglitz/as-i-noted-in-my-nobel-lecture-an-early-insight-in-my-work-on-the/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [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…](https://sms4smile.com/quotes/joseph-stiglitz/we-noted-the-psychological-problems-facing-many-of-the-returning-from/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get…](https://sms4smile.com/quotes/joseph-stiglitz/world-war-ii-was-really-unusual-because-america-was-in-the-great/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [Moreover, because we chose to finance the way by borrowing, our deficits and debt has soared, and this means we have less room for…](https://sms4smile.com/quotes/joseph-stiglitz/moreover-because-we-chose-to-finance-the-way-by-borrowing-our/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [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…](https://sms4smile.com/quotes/joseph-stiglitz/i-ve-always-been-sceptical-about-the-notion-that-the-market-is-a/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [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…](https://sms4smile.com/quotes/joseph-stiglitz/the-striking-thing-about-america-is-it-s-historically-extraordinary/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

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