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
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
Growth is not an objective in itself; we should be concerned with standards of living. — Joseph Stiglitz Copy Share Image
China's government has far more control over the country's economy than our government has over ours, and it is moving from export… — 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
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
Globally, manufacturing jobs are on the decline, simply because productivity growth has outpaced growth in demand. — Joseph Stiglitz Copy Share Image
For that to happen, growth has to be very strong. To get back to normalcy, we will have to have extended growth… — 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
The euro zone was driven by the neoliberal view that markets are always efficient. That in itself is political. There was no… — 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)