Now it is unambiguously clear that trickle-down economics does not work. But what does that mean? That means we have to structure… — Joseph Stiglitz Copy Share Image
Tax policy should reflect a country's values and address its problems. — Joseph Stiglitz Copy Share Image
It is a set of policies formulated between 15th and 19th streets by the U.S. Treasury, and World Bank. Countries should focus… — Joseph Stiglitz Copy Share Image
They [free market policies] were never based on solid empirical and theoretical foundations, and even as many of these policies were being… — Joseph Stiglitz Copy Share Image
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. — Joseph Stiglitz Copy Share Image
One has to always ask the question: Where can one be most effective in helping shape policies? It is always difficult when… — Joseph Stiglitz Copy Share Image
Finance ministers and central bank governors have the seats at the table, not labor unions or labor ministers. Finance ministers and central… — Joseph Stiglitz Copy Share Image
There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before… — Joseph Stiglitz Copy Share Image
When you think of policies that are going to address inequality of wealth, you have to be very thoughtful about what economists… — Joseph Stiglitz Copy Share Image
Policies seemed almost deliberately designed to suppress new enterprise and job creation. How many Americans will start a business if the interest… — Joseph Stiglitz Copy Share Image
When you're facing the threat of recession, you need to have an expansionary monetary and fiscal policy. Pre-Keynesian, Hooverite views are dead… — Joseph Stiglitz Copy Share Image
The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy. — 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
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