Joseph Stiglitz

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

Joseph Stiglitz

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Joseph Stiglitz

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Everyone imposes his own system as far as his army can reach.

High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.

May 3, 2024

High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.

May 3, 2024

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

Joseph Stiglitz

Other Quote

Everyone imposes his own system as far as his army can reach.

High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.

High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.

Everyone imposes his own system as far as his army can reach.

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

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Joseph Stiglitz

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