Europe can't rely on a Trump-led U.S. for its defence. But, at the same time, it should recognise that the cold war… — 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 arguments I make for the failure of the euro is that, at the time it was being constructed, there… — Joseph Stiglitz Copy Share Image
If Trump actually wants to help those who have been left behind, he must go beyond the ideological battles of the past. — 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
If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did… — Joseph Stiglitz Copy Share Image
With neoliberalism discredited and austerity failed, we need to rewrite the rules of the economy once again. But this time in the… — Joseph Stiglitz Copy Share Image
The Clinton years were not an economic Nirvana; as chairman of the president's Council of Economic Advisers during part of this time,… — Joseph Stiglitz Copy Share Image
By taxing CO2, firms and households would have an incentive to retrofit for the world of the future. The tax would also… — Joseph Stiglitz Copy Share Image
These debt obligations will simply erode America's standard of living in the future. Money spent to service the debt is money that… — 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