Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile… — Joseph Stiglitz Copy Share Image
The Clinton years were not an economic Nirvana; as chairman of the president's Council of Economic Advisers during part of this time,… — Joseph Stiglitz Copy Share Image
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many. — Joseph Stiglitz Copy Share Image
There is a broad consensus, not only in the United States but in most of the world, that if you are in… — Joseph Stiglitz Copy Share Image
Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile… — Joseph Stiglitz Copy Share Image
Similarly, payments for a dead soldier amount to only $500,000, which is far less than standard estimates of the lifetime economic cost… — 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
The international institutions go around the world preaching liberalization, and the developing countries see that means open up your markets to our… — Joseph Stiglitz Copy Share Image
For 60 years, since World War II, we have been trying to create a rules-based system, a global economic system. We understand… — Joseph Stiglitz Copy Share Image
Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to… — Joseph Stiglitz Copy Share Image
Now it is unambiguously clear that trickle-down economics does not work. But what does that mean? That means we have to structure… — 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
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 recovery of the banks is what happens when you reduce competition, lend money to them at zero interest rates, allow them… — 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
![“World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get securely out of this decline. This time, the war [in Iraq] is bad for the economy in both the short and long run. We could have spent trillions in research or education…” quote by Joseph Stiglitz](https://sms4smile.com/quotes/img-quotes/860/joseph-stiglitz-1351_america_world-war-ii-was-really-unusual-because_156000.jpg)