Joseph Stiglitz Quotes

A collection of quotes by Joseph Stiglitz.

Joseph Stiglitz is an esteemed American economist, professor, and Nobel laureate, known for his pioneering contributions to economics and his insightful analyses of market failures and inequality. He was born on February 9, 1943, in Gary, Indiana. Stiglitz obtained his undergraduate degree from Amherst College in 1964 and went on to earn a Ph.D. in economics from the Massachusetts Institute of Technology (MIT) in 1967.

His illustrious career includes numerous significant achievements. Stiglitz served as a professor at Yale University and Stanford University before joining the faculty of Columbia University in 2001. He has also held influential positions such as the Chief Economist and Senior Vice President of the World Bank, where he became renowned for advocating reform in economic policies to promote development and reduce poverty.

In 2001, Stiglitz was awarded the Nobel Memorial Prize in Economic Sciences for his analyses of asymmetric information and its impact on market outcomes. He has authored numerous books and published extensively in academic journals, making significant contributions to the fields of economics, development, and globalization. His notable works include "Globalization and Its Discontents" (2002) and "The Price of Inequality" (2012).

Throughout his career, Stiglitz has been an influential voice in shaping economic discourse. He has been a vocal critic of neoliberal policies and an advocate for inclusive growth, social justice, and sustainable development. His insightful analyses and policy recommendations have made a lasting impact on the field of economics and global policymaking.

Macroeconomic policy can never be devoid of politics: it inv

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

Joseph Stiglitz

Politics

The notion that every well educated person would have a mast

The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities.

Joseph Stiglitz

Education Science

I grew up in a family in which political issues were often d

I grew up in a family in which political issues were often discussed, and debated intensely.

Joseph Stiglitz

Family

Economists often like startling theorems, results which seem

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

Joseph Stiglitz

Wisdom

My teachers helped guide and motivate me but the responsibil

My teachers helped guide and motivate me but the responsibility of learning was left with me, an approach to learning which was later reinforced by my experiences at Amherst.

Joseph Stiglitz

Learning