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Joseph Stiglitz Quotes: Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
         

Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.


Joseph Stiglitz
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"Joseph Stiglitz Quotes." Quoteslyfe.com, 2024. Fri. 26 Apr. 2024. <https://www.quoteslyfe.com/quote/Anybody-who-knows-about-capitalism-knows-that-762969>.





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Other quotes of Joseph Stiglitz


International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.

International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.



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

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



It is trust, more than money, that makes the world go round.

It is trust, more than money, that makes the world go round.



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.

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.



What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.

What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.



American inequality didn't just happen. It was created.

American inequality didn't just happen. It was created.



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

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



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.

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.



The striking thing about America is - it's historically, extraordinary unusual, I don't of any other instance - is that productivity of workers and wages have not moved in tandem.

The striking thing about America is - it's historically, extraordinary unusual, I don't of any other instance - is that productivity of workers and wages have not moved in tandem.



In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.





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Writing is capturing life, recording the human condition, and trying to glean meaning from it.

Writing is capturing life, recording the human condition, and trying to glean meaning from it.



When did the future switch from being a promise to a threat?

When did the future switch from being a promise to a threat?



To lie, of course, is to engender insanity.

To lie, of course, is to engender insanity.



Coconut oil contains the most concentrated natural source of medium-chain fatty acids (MCFA) available. Substituting coconut oil for other vegetable oils in your diet will help promote weight loss.

Coconut oil contains the most concentrated natural source of medium-chain fatty acids (MCFA) available. Substituting coconut oil for other vegetable oils in your diet will help promote weight loss.



I don't believe in Beatles, I just believe in me.

I don't believe in Beatles, I just believe in me.



Conventional manners are a kind of literacy test for the alien who comes among us.

Conventional manners are a kind of literacy test for the alien who comes among us.



In the race of men is much greed and envy; but of truth, little.

In the race of men is much greed and envy; but of truth, little.



You get all excited to give her the ring, and it's real emotional, and you give it to her, and she cries. And a second later, you're like, 'Damn, I could have had a car.'

You get all excited to give her the ring, and it's real emotional, and you give it to her, and she cries. And a second later, you're like, 'Damn, I could have had a car.'



God saved you for Himself; God saved you by Himself; God saved you from Himself.

God saved you for Himself; God saved you by Himself; God saved you from Himself.



Whether you know it or not, you are a role model for somebody. Watch what you say and know that you're responsible for your actions.

Whether you know it or not, you are a role model for somebody. Watch what you say and know that you're responsible for your actions.




Quote Description


This page presents the quote "Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.". Author of this quote is Joseph Stiglitz. This quote is about capitalism, bankruptcy, essentials, knows,.