Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich. Joseph Stiglitz Read Quote
Hedge funds are not noted for their long-term thinking – for them, a quarter is an eternity. Joseph Stiglitz Read Quote
Obama had to save the banks, sure, but he didn’t have to save the bankers and the shareholders and the bondholders. We broke the rules of capitalism in order to save those at the top – as we always do. Joseph Stiglitz Read Quote
Those who have contributed great positive innovations to our society, from the pioneers of genetic understanding to the pioneers of the Information Age, have received a pittance compared with those responsible for the financial innovations that brought our global economy to the brink of ruin. Joseph Stiglitz Read Quote
An economy in which most citizens are doing worse year after year – an economy like America’s – is not likely to do well over the long haul. Joseph Stiglitz Read Quote
When markets fail, as they often do, collective action becomes imperative. Joseph Stiglitz Read Quote
America and the world are paying a high price for devotion to the extreme anti-government ideology embraced by Donald Trump and his Republican party. Joseph Stiglitz Read Quote
After the destruction of New Orleans by Hurricane Katrina in 2005, the shutdown of much of New York City by Sandy in 2012, and now the devastation wrought on Texas by Harvey, the U.S. can and should do better. Joseph Stiglitz Read Quote
One can only hope that America, and other countries, will not need more natural persuasion before taking to heart the lessons of Hurricane Harvey. Joseph Stiglitz Read Quote
A politically astute president who understood deeply the economics and politics of corporate tax reform could conceivably muscle Congress toward a reform package that made sense. Trump is not that leader. Joseph Stiglitz Read Quote