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Joseph Stiglitz Quotes: The reason that the invisible hand often seems invisible is that it is often not there.
         

The reason that the invisible hand often seems invisible is that it is often not there.


Joseph Stiglitz
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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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When we let the expectations of others or own unreasonable self-expectations rule, we silence the power of our Legacies.

When we let the expectations of others or own unreasonable self-expectations rule, we silence the power of our Legacies.



It is easy to keep secrets by being honest in an ironic tone of voice.

It is easy to keep secrets by being honest in an ironic tone of voice.



Nothing terrible has ever happened except in our thinking. Reality is always good, even in situations that seem like nightmares. The story we tell is the only nightmare that we have lived.

Nothing terrible has ever happened except in our thinking. Reality is always good, even in situations that seem like nightmares. The story we tell is the only nightmare that we have lived.



The Indian diaspora is a wonderful place to write from and I am lucky to be part of it.

The Indian diaspora is a wonderful place to write from and I am lucky to be part of it.



I have to get way more vocal and become a little bit less mysterious.

I have to get way more vocal and become a little bit less mysterious.



I like Chris Rock. He's dangerous.

I like Chris Rock. He's dangerous.



Giving life to music through skating was something I wanted to be known for

Giving life to music through skating was something I wanted to be known for



I can juggle, not well... I can balance a broom on my chin. I can do very simple carny tricks, a little sleight of hand with cards and coins.

I can juggle, not well... I can balance a broom on my chin. I can do very simple carny tricks, a little sleight of hand with cards and coins.



You've got to have fun playing. It bothers me when players don't seem to be enjoying themselves, even when they play an incredible improvisation.

You've got to have fun playing. It bothers me when players don't seem to be enjoying themselves, even when they play an incredible improvisation.



She is still less civilized than man, largely because she has not been educated.

She is still less civilized than man, largely because she has not been educated.




Quote Description


This page presents the quote "The reason that the invisible hand often seems invisible is that it is often not there.". Author of this quote is Joseph Stiglitz. This quote is about reason, seems, hands, invisible, invisible hand,.