Joseph Stiglitz Quotes (11 Quotes)

The question is whether it'll be a stable country, will it be a country in which a diversity of views, open transparency, women's rights are recognized. The likelihood of that remains very low.

Macroeconomic policy can never be devoid of politics it involves fundamental trade-offs and affects different groups differently.

Anybody looking at these models would say they can't provide a good description of the modern world.

We did not have to fight this war, and we did not have to go to war when we did. We could have waited until we had more safe body armor and we chose not to wait.

Asia has become the source of finance, the source of savings. It now has the human capital to manage that well. Why doesn't it take the advantage of that opportunity to try and create financial markets that work better for the people of Asia.

The question is whether some of the fears of last year will be realized this year. There is strong reason to worry.

So the theory asks, how can shareholders ascertain what the firm's real prospects are when they have less information, ... It's a pervasive aspect of modern economies.

China's growth has been export-based, but it may be difficult for it to sustain the pace of export growth.

China has been selling a lot of goods to the West, particularly to the US, but at the same time it has been providing the money to provide the goods.

He was the best articulator of a set of ideas. But they happen to be wrong ideas.

International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.