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Joseph Stiglitz Quotes


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Quotes by Joseph Stiglitz

Showing 71-80 of 124 Quotes by Joseph Stiglitz

It isn't inevitable that we have a globalization which is used by the corporations not to pay taxes. It is not inevitable that we have a form of globalization in which corporations use the threat of moving jobs abroad to lower wages. None of this is inevitable.

~Joseph Stiglitz

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We could have managed globalization in ways that ordinary citizens would have benefited rather than just the corporations. Trade is beneficial. There are gains to be had from taking advantage of comparative advantage and specialization. That's true, if you manage globalization right.

~Joseph Stiglitz

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Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in the United States, and it's not going to happen in Europe.

~Joseph Stiglitz

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Some people say we have this inequality because some people have been contributing much more to our society, and so it's fair that they get more. But then you look at the people who are at the top, and you realize they're not the people who have transformed our economy, our society.

~Joseph Stiglitz

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European officials thought that austerity was part of what they called their 'convergence policies,' of trying to bring countries together. Instead, it actually made things worse. There's more inequality within countries and more disparity across countries.

~Joseph Stiglitz

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One of the things that happens when you have austerity is that wages get lower, and some people think lower wages in the short run can increase corporate profits.

~Joseph Stiglitz

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It's very clear that TPP was promoted by corporate interests, it was driven by ideology, not by economic science. And when they started looking at the net trade benefits, they are miniscule.

~Joseph Stiglitz

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A less healthy America is not going to be as productive.

~Joseph Stiglitz

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People at the top spend less money than those at the bottom, so when you have redistribution toward the top, aggregate demand goes down. Unless you intervene, you're going to have a weak economy unless something else happens.

~Joseph Stiglitz

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What I argued in 'The Great Divide' is that societies can't function without trust, both politically and economically.

~Joseph Stiglitz

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Biography

Nationality: American

Type: Economist

Born: February 9th, 1943

Links

Find Joseph Stiglitz on Amazon

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