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The best teachers still taught in a Socratic style, asking questions, responding to the answers with still another question. And in all of our courses, we were taught that what mattered most was asking the right question — having posed the question well, answering the question was often a relatively easy matter.
Joseph Stiglitz
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The protesters have called into question whether there is a real democracy. Real democracy is more than the right to vote once every two or four years. The choices have to be meaningful. But increasingly, and especially in the US, it seems that the political system is more akin to "one dollar one vote" than to "one person one vote". Rather than correcting the market failures, the political system was reinforcing them.
Joseph Stiglitz
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What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
Gerry Spence
Joseph Stiglitz
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Born:
February 9, 1943
(age 81)
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