Joseph Stiglitz Quotes

Joseph Stiglitz
Joseph Stiglitz
American Economist
Born: Feb 9, 1943
America Been Will Work World You
Related authors: Alan Greenspan Herbert A. Simon John Kenneth Galbraith Milton Friedman Paul A. Volcker Richard Thaler Robert Reich Thomas Sowell
Letting bygones be bygones is a basic principle in economics. Joseph Stiglitz
Economics Principle Letting Basic
Negative interest rates hurt banks' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend. Joseph Stiglitz
Balance Hurt Wealth Negative Overwhelming Increase Rates Small Balance Sheets Sheets Effect Banks Interest Interest Rates Lend Incentives
America will suffer under Trump. Joseph Stiglitz
Will Trump America Suffer
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 is over - however unwilling to acknowledge it America's industrial-military complex may be. Joseph Stiglitz
War Time Defence Cold Cold War Complex Recognise Rely Over Unwilling However America Same May Same Time Acknowledge Should Europe
The Paris climate agreement may be a harbinger of the spirit and mindset needed to sustain genuine global cooperation. Joseph Stiglitz
Mindset Spirit Paris Global Genuine Climate May Sustain Agreement Cooperation Needed
A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking. Joseph Stiglitz
Book Increase Has-Been About Price Inequality Been Lot Why
Having excessive power in the hands of one country meant the fate of the world was too dependent on what happened in that one country. Joseph Stiglitz
World Fate Power Country Too One Country Having Excessive Hands Dependent Happened Meant
With the election of Trump, America's soft power has taken a big hit. The United States has moved from a position of leadership in the creation of a rules-based international system to a position of leadership in its destruction and the creation of a regime of global protectionism. The damage will be long-lasting. Joseph Stiglitz
Leadership Destruction Election Will Power Big Creation States System Taken Long-Lasting Global Protectionism Trump Big Hit Hit America Moved Regime International United United States Damage Position Soft
For Obama, the Trans-Pacific Partnership agreement - unilaterally abrogated by Trump - was part of the 'pivot to Asia,' a re-assertion of the role of America in that part of the world. Joseph Stiglitz
World Obama Part Partnership Trump Role America Asia Agreement
The Clinton years were not an economic Nirvana; as chairman of the president's Council of Economic Advisers during part of this time, I'm all too aware of mistakes and lost opportunities. Joseph Stiglitz
Time Opportunities Mistakes Lost Too President Nirvana Economic Council Part Adviser Were Years Clinton Chairman Aware
The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits. Joseph Stiglitz
Will Economics Increased Spending Deficits Laws Lead Combined Normal Dictate Bigger Taxes Lower Lower Taxes
Hedge funds are not noted for their long-term thinking - for them, a quarter is an eternity. Joseph Stiglitz
Thinking Long-Term Quarter Hedge Them Noted Eternity Funds
Technology has been advancing so fast that the number of jobs globally in manufacturing is declining. There is no way that Trump can bring significant numbers of manufacturing jobs back to the U.S. Joseph Stiglitz
Technology Back Way Has-Been Significant Jobs Advancing Globally Been Trump Declining Manufacturing Manufacturing Jobs Fast Bring Number Numbers
Trump can bring jobs back, but they will be minimal-wage jobs, not the high-paying jobs of the 1950s. Joseph Stiglitz
Will Back Jobs High-Paying Trump Bring
Those who have contributed great positive innovations to our society, from the pioneers of genetic understanding to the pioneers of the Information Age, have received a pittance compared with those responsible for the financial innovations that brought our global economy to the brink of ruin. Joseph Stiglitz
Positive Great Age Financial Understanding Society Innovations Our Ruin Those Responsible Brought Genetic Economy Global Global Economy Pioneers Information Information Age Who Compared Received Brink
An economy in which most citizens are doing worse year after year - an economy like America's - is not likely to do well over the long haul. Joseph Stiglitz
Long Year Worse Citizens Haul Long Haul Over Like Economy Most Likely Well Doing America After Which
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