I grew up in a family in which political issues were often discussed, and debated intensely. — 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… — Joseph Stiglitz Copy Share Image
There's a long list of investments that governments could and should be making. There is strengthening infrastructure, such as transport and communications;… — Joseph Stiglitz Copy Share Image
High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape… — 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
Anybody who has watched government from the inside recognizes that governments need institutions, need ways to respond to crises. — 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
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
In the end, the politics of the euro zone weren't strong enough to create a fully integrated fiscal union with a common… — 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
Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market. — 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
Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations… — 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 momentum today behind the idea of a new global reserve currency reflects, in effect, the rise of the rest in world… — Joseph Stiglitz Copy Share Image
When you're in government, you have a big impact in Washington, but Washington may not be doing very much. — 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
Under Ronald Reagan in the United States and Margaret Thatcher in the U.K., there was a rewriting of the basic rules of… — Joseph Stiglitz Copy Share Image
Globalization and trade liberalization were supposed to make us all better off through the mechanism of trickle-down economics. What we seemed to… — Joseph Stiglitz Copy Share Image
A politically astute president who understood deeply the economics and politics of corporate tax reform could conceivably muscle Congress toward a reform… — 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
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
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
