What you measure affects what you do. If you don't measure the right thing, you don't do the right thing. — Joseph Stiglitz Copy Share Image
They [political leaders ] thought the only problem was the banking system, and if they fixed the banking system, all would be… — Joseph Stiglitz Copy Share Image
If you destroy a firm, you can't pull it out of bankruptcy overnight. — Joseph Stiglitz Copy Share Image
Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses,… — Joseph Stiglitz Copy Share Image
Temporary nationalization of the banks that are in very bad shape would mean basically that the government is the temporary owner. I… — Joseph Stiglitz Copy Share Image
Wall Street banks have used the same tactic that Bush used in the war on terror - fear - and they've basically… — Joseph Stiglitz Copy Share Image
The fact that the government had to put up hundreds of billions of dollars to Citibank in guarantees was a public declaration… — Joseph Stiglitz Copy Share Image
If you're injured in an automobile accident, and you sue the driver, you get much more for your injury than if you're… — 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
The issue is: $1 trillion or $2 trillion is a lot of money. If our objective is to have stability in the… — 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
If the President asked you to help, I don't think anybody could refuse, unless one felt that one couldn't be effective. — Joseph Stiglitz Copy Share Image
The military is focusing only on the short run costs. If they don't provide appropriate body armor, they save some money today,… — Joseph Stiglitz Copy Share Image
I don't think if we had been able to make that choice rationally, we would have said that's what we want 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