It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in… — 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… — Joseph Stiglitz Copy Share Image
Having excessive power in the hands of one country meant the fate of the world was too dependent on what happened in… — 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
For Obama, the Trans-Pacific Partnership agreement - unilaterally abrogated by Trump - was part of the 'pivot to Asia,' a re-assertion of… — 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
We share a common planet, and the world has learned the hard way that we have to get along and work together.… — Joseph Stiglitz Copy Share Image
I think that for the developing world there are many versions of capitalism, and countries have to choose one that's appropriate. — Joseph Stiglitz Copy Share Image
For the president of the United States, reputation does matter. The reputation of the United States does matter. We are dealing with… — Joseph Stiglitz Copy Share Image
Behind Trump's promise to 'make America great again' lie many fallacies. The most important fallacy is that America's place in the world… — 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
Trump sees the world in terms of a zero-sum game. In reality, globalisation, if well managed, is a positive-sum force: America gains… — Joseph Stiglitz Copy Share Image
America under Trump has gone from being a world leader to an object of derision. — Joseph Stiglitz Copy Share Image
There is a broad consensus, not only in the United States but in most of the world, that if you are in… — Joseph Stiglitz Copy Share Image
President Trump sees the world in transactional and zero-sum terms - if something is good for China, it must be bad for… — Joseph Stiglitz Copy Share Image
For 60 years, since World War II, we have been trying to create a rules-based system, a global economic system. We understand… — Joseph Stiglitz Copy Share Image
The diminishing economic role of the United States in the global economy means that global political power will also become more dispersed.… — 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
If Trump wants to withdraw the U.S. from the Paris climate agreement, the rest of the world should impose a carbon-adjustment tax… — Joseph Stiglitz Copy Share Image
The international institutions go around the world preaching liberalization, and the developing countries see that means open up your markets to our… — Joseph Stiglitz Copy Share Image
America and the world are paying a high price for devotion to the extreme anti-government ideology embraced by Donald Trump and his… — 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
During my three years as chief economist of the World Bank, labor market issues were looked at through the lens of neoclassical… — Joseph Stiglitz Copy Share Image
I don't think anybody really thinks that one should get rid of the World Bank. Reform is one thing, but getting rid… — 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