The reason that the invisible hand often seems invisible is that it is often not there.
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
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
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.
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.
American inequality didn't just happen. It was created. - Joseph Stiglitz
American inequality didn't just happen. It was created.
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.
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…
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.
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