Finance ministers and central bank governors have the seats at the table, not labor unions or labor ministers. Finance ministers and central bank governors are linked to financial communities in their countries, so they push policies that reflect the viewpoints and interests of the financial community and barely hear the voices of those who are the first victims of dictated policies.
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. - Joseph Stiglitz
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
- Joseph Stiglitz
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism. - Joseph Stiglitz
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs. - Joseph Stiglitz
In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
Development is about transforming the lives of people, not just transforming economies. - Joseph Stiglitz
Development is about transforming the lives of people, not just transforming economies.
GDP tells you nothing about sustainability - Joseph Stiglitz
GDP tells you nothing about sustainability
Governments can enhance growth by increasing inclusiveness. A country's most valuable resource is its people. So it is essential to ensure that every… - Joseph Stiglitz
Governments can enhance growth by increasing inclusiveness. A country's most valuable resource is its people. So it is essential to ensure that every…
What you measure affects what you do. If you don't measure the right thing, you don't do the right thing. - Joseph Stiglitz
What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.
It is trust, more than money, that makes the world go round. - Joseph Stiglitz
It is trust, more than money, that makes the world go round.
American inequality didn't just happen. It was created. - Joseph Stiglitz
American inequality didn't just happen. It was created.
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