The country that's been most successful at that is Norway. The more typical countries are those in the Middle East where a… — Joseph Stiglitz Copy Share Image
Countries were told they had no incentives because of social ownership. The solution was privatization and profit, profit, profit. Privatization would replace… — Joseph Stiglitz Copy Share Image
The country has large unfunded liabilities - social security, health care, and there will have to be some adjustments to these problems.… — Joseph Stiglitz Copy Share Image
The median family income in the U.S. is lower than it was a quarter-century ago, and if people don't have income, they… — 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
The decision-making process in the White House does not let most issues get up to the President. The Council thought opening up… — Joseph Stiglitz Copy Share Image
Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when… — Joseph Stiglitz Copy Share Image
Ensuring preschool education for all and investing more in public schools is essential if the U.S. is to avoid becoming a neo-feudal… — Joseph Stiglitz Copy Share Image
Tax policy should reflect a country's values and address its problems. — Joseph Stiglitz Copy Share Image
The powershift began already several years ago, under the Bush administration, when the dollar became very volatile and started declining. That is… — 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
Governments can enhance growth by increasing inclusiveness. A country's most valuable resource is its people. So it is essential to ensure that… — Joseph Stiglitz Copy Share Image
What Trump has announced - that he is going to not obey rules by which we govern our relations with other countries.… — Joseph Stiglitz Copy Share Image
If manufacturing jobs do come back to the U.S., they will be done by robots in hi-tech parts of the country rather… — Joseph Stiglitz Copy Share Image
The problem with NAFTA was with what we wanted. And there, the agenda had been set by our corporations. So what is… — 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
Finance ministers and central bank governors have the seats at the table, not labor unions or labor ministers. Finance ministers and central… — Joseph Stiglitz Copy Share Image
When Donald Trump campaigned for president, he told the American people that he would be a different type of Republican, that he… — Joseph Stiglitz Copy Share Image
The life prospects of an American are more dependent on the income and education of his parents than in any of the… — Joseph Stiglitz Copy Share Image
If you're injured in an automobile accident, and you sue the driver, you get much more for your injury than if you're… — Joseph Stiglitz Copy Share Image
In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs. — Joseph Stiglitz Copy Share Image
In the midst of the East Asian crisis, there were choices. One choice would have been to encourage countries to implement a… — Joseph Stiglitz Copy Share Image
Drug companies spend more on advertising and marketing than on research, more on research on lifestyle drugs than on life saving drugs,… — Joseph Stiglitz Copy Share Image
China's accumulation of reserves is a result of the IMF's mismanagement of the Asian financial crisis a decade or so ago. If… — Joseph Stiglitz Copy Share Image
I'm writing from New Zealand - a country that decided from the beginning that the War was wrong, and chose not to… — 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 Image
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 Image
China, with its large emerging middle class, is among the big beneficiaries of globalization. — Joseph Stiglitz Copy Share Image
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 Image
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 Image
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 Image
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 Image
The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits. — Joseph Stiglitz Copy Share Image
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 Image
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 Image
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 Image
