Joseph Stiglitz Quotes About Economics

Quotes about: Economics

• Development is about transforming the lives of people, not just transforming economies.

  Joseph Stiglitz

  Life, People, Training

• Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.

  Joseph Stiglitz

  Corporations, Helping, Economics

• There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.

  Joseph Stiglitz

  Air, Firsts, Winner

  Autobiographical Essay for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, www.nobelprize.org. 2001.

• As I noted in my Nobel lecture, 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

  Pay, Information, Return

• The problem is a lot of what is called economics is not economics. It is more ideology or religion.

  Joseph Stiglitz

  Problem, Economics, Ideology

• It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in so much that seems so counter to what the world is like. Many of the things that I'm going to describe make so much more common sense than these notions that seem counter to what one's eyes see every day.

  Joseph Stiglitz

  Believe, Teaching, Eye

  "Information and the Change in the Paradigm in Economics". Nobel Prize Lecture, www.nobelprize.org. December 08, 2001.

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