Joseph Stiglitz Short Quotes

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The reason that the invisible hand often seems invisible is that it is often not there.

Joseph Stiglitz
My teachers helped guide and motivate me; but the responsibility of learning was left with me.

Joseph Stiglitz
The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.

Joseph Stiglitz
Economists often like startling theorems, results which seem to run counter to conventional wisdom.

Joseph Stiglitz
The fall of Wall Street is for market fundamentalism what the fall of the Berlin Wall was for communism.

Joseph Stiglitz
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
The life prospects of an American are more dependent on the income and education of his parents than in any of the other advanced industrial countries.

Joseph Stiglitz
In debate, one randomly was assigned to one side or the other. This had at least one virtue — it made one see that there was more than one side to these complex issues.

Joseph Stiglitz
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
The notion of the free market is a myth. All markets are shaped by laws and regulations, and unfortunately our laws and regulations are shaped in order to create more inequality and less opportunity.

Joseph Stiglitz