We are helping the people that [George W.]Bush says are evil. Teheran couldn't be happier about the high oil prices resulting from… — Joseph Stiglitz Copy Share Image
The financial sector has so distorted salaries that physicists are getting drawn into the financial sector. All that has led to an… — Joseph Stiglitz Copy Share Image
Most people think the Iraq war has increased the probability of an attack. However, it's difficult to put this aspect into financial… — Joseph Stiglitz Copy Share Image
Health care is very different from other sectors of the economy in several respects, one of which is the fact that the… — 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
There is a growing consensus that the European systems have worked better than the American: They have been able to deliver better… — Joseph Stiglitz Copy Share Image
I'm enough of a political junkie to know if you have large numbers of people much worse off, you're going to have… — Joseph Stiglitz Copy Share Image
We could, of course, always make the payments, simply by printing more money - we simply promise to pay people by giving… — 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… — Joseph Stiglitz Copy Share Image
Any society has to delegate the responsibility to maintain a certain kind of order. Enforcing regulations, making sure people stop at stoplights.… — Joseph Stiglitz Copy Share Image
The powershift began already several years ago, under the Bush administration, when the dollar became very volatile and started declining. That is… — Joseph Stiglitz Copy Share Image
When Donald Trump campaigned for president, he told the American people that he would be a different type of Republican, that he… — Joseph Stiglitz Copy Share Image
In the early 1990s, there was a debate among economists over shock therapy versus a gradualism strategy for Russia. The people in… — Joseph Stiglitz Copy Share Image
Drug companies spend more on advertising and marketing than on research, more on research on lifestyle drugs than on life saving drugs,… — 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
There was a hope then by some people that what we call trickle-down economics would work. That if you made the economy… — Joseph Stiglitz Copy Share Image
The median family income in the U.S. is lower than it was a quarter-century ago, and if people don't have income, they… — Joseph Stiglitz Copy Share Image
I don't think we can have democracies that work where most of the people are not benefiting economically, where most of the… — Joseph Stiglitz Copy Share Image
You saw on your TV what happened in New Orleans after Hurricane Katrina. The Reserves or National Guard are usually the people… — Joseph Stiglitz Copy Share Image
The grand larceny that occurred in Russia, the corruption that resulted in nine or ten people getting enormous wealth through loans-for-shares, was… — Joseph Stiglitz Copy Share Image
The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy… — Joseph Stiglitz Copy Share Image
Most poor people earn more than minimum wage when they are working; their problem is not low wages. The problem comes when… — Joseph Stiglitz Copy Share Image
We could have saved Wall Street without putting our future in jeopardy. I predicted that there would be all-around consequences - in… — Joseph Stiglitz Copy Share Image
One of the things that happens when you have austerity is that wages get lower, and some people think lower wages in… — 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
For the United States, our political system is clearly distorted. We have gerrymandering so that there is a situation where a million… — Joseph Stiglitz Copy Share Image
There have always been two theories about inequality. One is that it reflects just deserts. The other is that there are large… — 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
![“We are helping the people that [George W.]Bush says are evil. Teheran couldn't be happier about the high oil prices resulting from the Iraq war.” quote by Joseph Stiglitz](https://sms4smile.com/quotes/img-quotes/d6f/joseph-stiglitz-1351_evil_we-are-helping-the-people-that-george-w_1613313.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)