---
title: "1 Beliefs People Quotes By Joseph E. Stiglitz"
description: "1 Beliefs People quotes by Joseph E. Stiglitz. Plus more from Joseph E. Stiglitz and more Beliefs People sayings from other authors."
image: "https://sms4smile.com/quotes/i/7f9/joseph-e-stiglitz-33743_decision-making_decisions-were-often-made-because-of-ide_1913202.jpg"
---

> [“...decisions were often made because of ideology and politics. As a result many wrong-headed actions were taken, ones that did not solve the problem at hand but that fit with the interests or beliefs of the people in power.”](https://sms4smile.com/quotes/joseph-e-stiglitz/decisions-were-often-made-because-of-ideology-and-politics-as-a/)

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

[Image](https://sms4smile.com/quotes/i/7f9/joseph-e-stiglitz-33743_decision-making_decisions-were-often-made-because-of-ide_1913202.jpg)

## More by Joseph E. Stiglitz

> [“Americans all benefit from the physical and institutional infrastructure that has developed from the country’s collective efforts over generations.”](https://sms4smile.com/quotes/joseph-e-stiglitz/americans-all-benefit-from-the-physical-and-institutional/)

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

> [“Democracy, we now know, is more than periodic elections in some countries, such elections have been used to legitimize essentially authoritarian regimes and deprive…](https://sms4smile.com/quotes/joseph-e-stiglitz/democracy-we-now-know-is-more-than-periodic-elections-in-some/)

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

> [“The U.S. incarceration rate is the world’s highest and some nine to ten times that of many European countries. Almost 1 in 100 American…](https://sms4smile.com/quotes/joseph-e-stiglitz/the-u-s-incarceration-rate-is-the-world-s-highest-and-some-nine-to/)

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

> [“To put it baldly, there are two ways to become wealthy: to create wealth or to take wealth away from others. The former adds…](https://sms4smile.com/quotes/joseph-e-stiglitz/to-put-it-baldly-there-are-two-ways-to-become-wealthy-to-create/)

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

> [“Rather than justice for all, we are evolving into a system of justice for those who can afford it. We have banks that are…](https://sms4smile.com/quotes/joseph-e-stiglitz/rather-than-justice-for-all-we-are-evolving-into-a-system-of-justice/)

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

> [“The facts shouldn’t get in the way of a pleasant fantasy.”](https://sms4smile.com/quotes/joseph-e-stiglitz/the-facts-shouldn-t-get-in-the-way-of-a-pleasant-fantasy/)

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

> [“There are two visions of America a half century from now. One is of a society more divided between the haves and the have-nots,…](https://sms4smile.com/quotes/joseph-e-stiglitz/there-are-two-visions-of-america-a-half-century-from-now-one-is-of-a/)

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

> [“Globalization is the field on which some of our major societal conflicts—including those over basic values—play out. Among the most important of those conflicts…](https://sms4smile.com/quotes/joseph-e-stiglitz/globalization-is-the-field-on-which-some-of-our-major-societal/)

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

> [“Suppose someone were to describe a small country that provided free education through university for all of its citizens, transportation for schoolchildren, and free…](https://sms4smile.com/quotes/joseph-e-stiglitz/suppose-someone-were-to-describe-a-small-country-that-provided-free/)

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

> [“I became convinced that the advanced industrial countries, through international organizations like the International Monetary Fund (IMF), the World Trade Organization (WTO), and the…](https://sms4smile.com/quotes/joseph-e-stiglitz/i-became-convinced-that-the-advanced-industrial-countries-through/)

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

> [“...decisions were often made because of ideology and politics. As a result many wrong-headed actions were taken, ones that did not solve the problem…](https://sms4smile.com/quotes/joseph-e-stiglitz/decisions-were-often-made-because-of-ideology-and-politics-as-a/)

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

> [“Overborrowing or overlending? Lenders encourage indebtedness because it is profitable. Developing country governments are sometimes even pressured to overborrow ... Even without corruption, it…](https://sms4smile.com/quotes/joseph-e-stiglitz/overborrowing-or-overlending-lenders-encourage-indebtedness-because/)

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

> [“The only true and sustainable prosperity is shared prosperity.”](https://sms4smile.com/quotes/joseph-e-stiglitz/the-only-true-and-sustainable-prosperity-is-shared-prosperity/)

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

> [“In some circumstances, a focus on extrinsic rewards (money) can actually diminish effort. Most (or at least many) teachers enter their profession not because…](https://sms4smile.com/quotes/joseph-e-stiglitz/in-some-circumstances-a-focus-on-extrinsic-rewards-money-can-actually/)

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

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