---
title: "3 Banking system Quotes By Joseph Stiglitz"
description: "3 Banking system quotes by Joseph Stiglitz. Plus more from Joseph Stiglitz and more Banking system sayings from other authors."
image: "https://sms4smile.com/quotes/i/4ef/joseph-stiglitz-1351_banking_they-political-leaders-thought-the-only_452687.jpg"
---

> [ They \[political leaders \] thought the only problem was the banking system, and if they fixed the banking system, all would be… ](https://sms4smile.com/quotes/joseph-stiglitz/they-political-leaders-thought-the-only-problem-was-the-banking/)

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

[Image](https://sms4smile.com/quotes/i/4ef/joseph-stiglitz-1351_banking_they-political-leaders-thought-the-only_452687.jpg)

> [In the end, the politics of the euro zone weren't strong enough to create a fully integrated fiscal union with a common…](https://sms4smile.com/quotes/joseph-stiglitz/in-the-end-the-politics-of-the-euro-zone-weren-t-strong-enough-to/)

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

[Image](https://sms4smile.com/quotes/i/831/joseph-stiglitz-1351_banking-system_in-the-end-the-politics-of-the-euro-zone_1652451.jpg)

> [I think what they've been doing is largely almost in firefighting mode without a good conceptual framework - either at the micro…](https://sms4smile.com/quotes/joseph-stiglitz/i-think-what-they-ve-been-doing-is-largely-almost-in-firefighting/)

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

[Image](https://sms4smile.com/quotes/i/2e7/joseph-stiglitz-1351_asks_i-think-what-they-ve-been-doing-is-large_2189486.jpg)

## Other authors on Banking system

- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-adnan-pachachi-9524.jpg) Kenneth C. Griffin 5 quotes ](https://sms4smile.com/quotes/about/banking-system/kenneth-c-griffin/)

## 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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