Another project that I began in Cambridge concerned the interaction between the distribution of income and short run macro economic behavior.
More Quotes from Joseph E. Stiglitz:
Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation.Joseph E. Stiglitz
I approached the problem as a series of thought experiments - unlike many other sciences, we typically cannot do actual experiments.
Joseph E. Stiglitz
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
Joseph E. Stiglitz
Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them.
Joseph E. Stiglitz
I went to Amherst because my brother had gone there before me, and he went there because his guidance counselor thought that we would do better there than at a large university like Harvard.
Joseph E. Stiglitz
I grew up in a family in which political issues were often discussed, and debated intensely.
Joseph E. Stiglitz
Readers Who Like This Quotation Also Like:
Based on Keywords: macroWhen we become a really mature, grown-up, wise society, we will put teachers at the center of the community, where they belong. We don't honor them enough, we don't pay them enough.
Charles Kuralt
Being tiny has been difficult for me in a business that regarded physicality as the most important part of your life.
Estelle Getty
Our songs touch people, and take them back to a time when there was no threat of terrorism, when you didn't have to lock your doors and when Mom and Dad took care of everything.
George Grove