“Americans all benefit from the physical and institutional infrastructure that has developed from the country’s collective efforts over generations.” — Joseph E. Stiglitz Collective effort Copy Share Image
“Democracy, we now know, is more than periodic elections in some countries, such elections have been used to legitimize essentially authoritarian regimes… — Joseph E. Stiglitz Democracy Copy Share Image
“The U.S. incarceration rate is the world’s highest and some nine to ten times that of many European countries. Almost 1 in… — Joseph E. Stiglitz Crime Copy Share Image
“To put it baldly, there are two ways to become wealthy: to create wealth or to take wealth away from others. The… — Joseph E. Stiglitz Money Copy Share Image
“Rather than justice for all, we are evolving into a system of justice for those who can afford it. We have banks… — Joseph E. Stiglitz Banks Copy Share Image
“There are two visions of America a half century from now. One is of a society more divided between the haves and… — Joseph E. Stiglitz Children Copy Share Image
“Globalization is the field on which some of our major societal conflicts—including those over basic values—play out. Among the most important of… — Joseph E. Stiglitz Politics Copy Share Image
“Suppose someone were to describe a small country that provided free education through university for all of its citizens, transportation for schoolchildren,… — Joseph E. Stiglitz Economics Copy Share Image
“I became convinced that the advanced industrial countries, through international organizations like the International Monetary Fund (IMF), the World Trade Organization (WTO),… — Joseph E. Stiglitz Developing countries Copy Share Image
“...decisions were often made because of ideology and politics. As a result many wrong-headed actions were taken, ones that did not solve… — Joseph E. Stiglitz Decision making Copy Share Image
“Overborrowing or overlending? Lenders encourage indebtedness because it is profitable. Developing country governments are sometimes even pressured to overborrow ... Even without… — Joseph E. Stiglitz Economics Copy Share Image
“The only true and sustainable prosperity is shared prosperity.” — Joseph E. Stiglitz Economics Copy Share Image
“In some circumstances, a focus on extrinsic rewards (money) can actually diminish effort. Most (or at least many) teachers enter their profession… — Joseph E. Stiglitz Bankers Copy Share Image
