China, with its large emerging middle class, is among the big beneficiaries of globalization. — Joseph Stiglitz Copy Share Image
In the U.S., you couldn't have job creation with interest rates of 30 or 40 percent. They had a philosophy that said… — Joseph Stiglitz Copy Share Image
Our economy has not served large fractions of our population. Trump grasped that. And rather than saying, "What have we not done… — Joseph Stiglitz Copy Share Image
We could have managed globalization in ways that ordinary citizens would have benefited rather than just the corporations. Trade is beneficial. There… — Joseph Stiglitz Copy Share Image
It isn't inevitable that we have a globalization which is used by the corporations not to pay taxes. It is not inevitable… — Joseph Stiglitz Copy Share Image
China-led globalization in some ways worries me because they are not concerned about human rights, labor rights. They probably aren't even really… — Joseph Stiglitz Copy Share Image
President Trump sees the world in transactional and zero-sum terms - if something is good for China, it must be bad for… — 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
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