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Joseph Stiglitz - Problem Quotes

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Most poor people earn more than minimum wage when they are working; their problem is not low wages. The problem comes when they are not working.

Joseph Stiglitz
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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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Once I undertook the analysis of a problem, I often looked at it from a variety of perspectives. I approached the problem as a series of thought experiments — unlike many other sciences, we typically cannot do actual experiments.

Joseph Stiglitz

Quote of the day

What we observe is not nature itself but nature exposed to our method of questioning. Our scientific work in physics consists in asking questions about nature in the language that we possess and trying to get an answer from experiment by the means that are at our disposal.
Werner Heisenberg

Joseph Stiglitz

Joseph Stiglitz
Creative Commons

Born: February 9, 1943 (age 82)
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