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.
More Quotes from Joseph E. Stiglitz:
But while I loved all of these courses, there was an irresistible attraction of economics.Joseph E. Stiglitz
My teachers helped guide and motivate me; but the responsibility of learning was left with me, an approach to learning which was later reinforced by my experiences at Amherst.
Joseph E. Stiglitz
The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities.
Joseph E. Stiglitz
Amherst is a liberal arts college, committed to providing students with a broad education.
Joseph E. Stiglitz
In debate, one randomly was assigned to one side or the other. This had at least one virtue - it made one see that there was more than one side to these complex issues.
Joseph E. Stiglitz
As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns.
Joseph E. Stiglitz
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