Economists often like startling theorems, results which seem to run co… — Quoted

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

Joseph Stiglitz · Wisdom

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Joseph Stiglitz

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

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Joseph Stiglitz

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.

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Joseph Stiglitz

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

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Herbert Hoover

Wisdom consists not so much in knowing what to do in the ultimate as knowing what to do next.

Wisdom