Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let… — 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… — 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… — 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… — 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… — Joseph Stiglitz Copy Share Image
I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows… — Joseph Stiglitz Copy Share Image
I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down… — Joseph Stiglitz Copy Share Image
People at the top spend less money than those at the bottom so when you have redistribution toward the top, aggregate demand… — Joseph Stiglitz Copy Share Image
The problem is a lot of what is called economics is not economics. It is more ideology or religion. — 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
The momentum today behind the idea of a new global reserve currency reflects, in effect, the rise of the rest in world… — Joseph Stiglitz Copy Share Image
Under Ronald Reagan in the United States and Margaret Thatcher in the U.K., there was a rewriting of the basic rules of… — Joseph Stiglitz Copy Share Image
An economy in which most citizens are doing worse year after year - an economy like America's - is not likely to… — Joseph Stiglitz Copy Share Image
There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson,… — Joseph Stiglitz Copy Share Image
I think what they've been doing is largely almost in firefighting mode without a good conceptual framework - either at the micro… — Joseph Stiglitz Copy Share Image
Globalization and trade liberalization were supposed to make us all better off through the mechanism of trickle-down economics. What we seemed to… — 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
With neoliberalism discredited and austerity failed, we need to rewrite the rules of the economy once again. But this time in the… — Joseph Stiglitz Copy Share Image
The diminishing economic role of the United States in the global economy means that global political power will also become more dispersed.… — Joseph Stiglitz Copy Share Image
A politically astute president who understood deeply the economics and politics of corporate tax reform could conceivably muscle Congress toward a reform… — Joseph Stiglitz Copy Share Image
Negative effects on the economy were covered up with a flood of liquidity from the Fed. That,plus lax regulation, led to a… — Joseph Stiglitz Copy Share Image
Unfettered market American-style capitalism doesn't work. Developing countries can't afford that kind of luxury. They just can't afford it. Period. If there's… — Joseph Stiglitz Copy Share Image
The analysis in the era of Ronald Reagan and Margaret Thatcher was that government was interfering with the efficiency of the economy… — 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
