Category - Joseph Stiglitz

Discover the thoughtful Quotes of Joseph Stiglitz, a philosopher and author. Our collection of his most impactful quotes reflects his deep understanding of language, philosophy, and history. Motivational Quotes of Joseph Stiglitz
Whether seeking thought-provoking reflections or academic wisdom, Joseph Stiglitzs words offer a rich source of intellectual inspiration. #JosephStiglitz Joseph Stiglitz

Joseph Stiglitz

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

Joseph Stiglitz

There is a broad consensus, not only in the United States but in most of the world, that if you are in an economic downturn, you need to stimulate. Germany seems to be an exception.

– Joseph Stiglitz

Joseph Stiglitz

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

Joseph Stiglitz

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

Joseph Stiglitz

One of the arguments I make for the failure of the euro is that, at the time it was being constructed, there was a ‘neo-liberal’ ideology which said that all we need to do to make this thing work is to get deficits low, keep inflation low, and take down barriers, and then everything would be fine.

– Joseph Stiglitz

Joseph Stiglitz

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

Joseph Stiglitz

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

Joseph Stiglitz

When you have a highly divided society, it’s hard to come together to make investments in the common good.

– Joseph Stiglitz

Joseph Stiglitz

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

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

Joseph Stiglitz

China-led globalization in some ways worries me because they are not concerned about human rights, labor rights. They probably aren’t even really concerned about competitive marketplaces. So in some ways, they’re like Mr. Trump.

– Joseph Stiglitz

Joseph Stiglitz

America’s role in the global economy inevitably was going to diminish; we’re smaller relative to – as China, India, other emerging markets grow.

– Joseph Stiglitz

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