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
If you destroy a firm, you can't pull it out of bankruptcy overnight. — 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
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
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
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
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
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
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
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
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
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 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 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
![“They [political leaders ] thought the only problem was the banking system, and if they fixed the banking system, all would be fine. But the banking system and the mortgage problem were symptomatic of some deeper problems, and evidently they still haven't recognized those deeper problems.” quote by Joseph Stiglitz](https://sms4smile.com/quotes/img-quotes/4ef/joseph-stiglitz-1351_banking_they-political-leaders-thought-the-only_452687.jpg)
![“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)