The only surprise about the economic crisis of 2008 was that it came as a surprise to so many. — Joseph Stiglitz Copy Share Image
Donald J. Trump has the good fortune of taking office as the economy is finally recovering from the 2008 crisis. — Joseph Stiglitz Copy Share Image
Anybody who has watched government from the inside recognizes that governments need institutions, need ways to respond to crises. — Joseph Stiglitz Copy Share Image
The roots of the crisis in East Asia were in private sector decisions. The biggest problems were the misallocation of investment, most… — 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
The crisis was 2008, in 2015 - almost eight years later and the gap between where we would have been and where… — 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
There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before… — Joseph Stiglitz Copy Share Image
The IMF is a more complicated issue. I think there is a broad sentiment among both the left and the right that… — 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