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Joseph Stiglitz Quotes


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Quotes by Joseph Stiglitz

Showing 51-60 of 124 Quotes by Joseph Stiglitz

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

~Joseph Stiglitz

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But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs.

~Joseph Stiglitz

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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 Stiglitz

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I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.

~Joseph Stiglitz

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I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are.

~Joseph Stiglitz

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I knew that discrimination existed, even though there were many individuals who were not prejudiced.

~Joseph Stiglitz

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

~Joseph Stiglitz

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If manufacturing jobs do come back to the U.S., they will be done by robots in hi-tech parts of the country rather than the Rust Belt states.

~Joseph Stiglitz

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For the president of the United States, reputation does matter. The reputation of the United States does matter. We are dealing with countries all over the world. They want to know if your word is good. Trump's word is not good.

~Joseph Stiglitz

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I don't think we can have democracies that work where most of the people are not benefiting economically, where most of the people are worried about their job security.

~Joseph Stiglitz

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Biography

Nationality: American

Type: Economist

Born: February 9th, 1943

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