Conventional Quote by Joseph Stiglitz
“Economists often like startling theorems, results which seem to run counter to conventional wisdom.”
About This Quote
Source Book: Economics of the Public Sector, Joseph Stiglitz, 2015
It highlights that economists enjoy exploring surprising results that challenge accepted ideas.
In simple terms: Economists love counter‑intuitive findings.
Key Takeaway
Embrace unexpected insights.
Themes
economics
innovation
critical thinking
Mood
analytical
skeptical
Type
philosophical
academic
When to use this quote
- policy analysis
- academic research
- financial modeling
- public debate
Key Concepts
theory testing
paradigm shifts
Questions to Reflect On
- How do you verify surprising economic claims?
- When should you trust unconventional findings?
A Different Perspective
Such results can be misinterpreted or overhyped.
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![“World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get securely out of this decline. This time, the war [in Iraq] is bad for the economy in both the short and long run. We could have spent trillions in research or education…” quote by Joseph Stiglitz](https://sms4smile.com/quotes/img-quotes/860/joseph-stiglitz-1351_america_world-war-ii-was-really-unusual-because_156000.jpg)
