Joseph Stiglitz Zitate auf Englisch

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If manufacturing jobs do come back to the U.S., they will be done by robots in hi-tech parts of the country rather than the Rust Belt states.

Joseph Stiglitz

My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth.

Joseph Stiglitz

Regulatory reform must move beyond limiting the damage that the financial sector can do and ensure that the sector genuinely serves society.

Joseph Stiglitz

Hedge funds are not noted for their long-term thinking - for them, a quarter is an eternity.

Joseph Stiglitz

Technology has been advancing so fast that the number of jobs globally in manufacturing is declining. There is no way that Trump can bring significant numbers of manufacturing jobs back to the U.S.

Joseph Stiglitz

I knew that discrimination existed, even though there were many individuals who were not prejudiced.

Joseph Stiglitz

The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities.

Joseph Stiglitz

Having excessive power in the hands of one country meant the fate of the world was too dependent on what happened in that one country.

Joseph Stiglitz

The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy.

Joseph Stiglitz

The diminishing economic role of the United States in the global economy means that global political power will also become more dispersed. The world will become multipolar. By clumsily re-asserting a wish for U.S. dominance, Donald Trump is accelerating the opposite.

Joseph Stiglitz

I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.

Joseph Stiglitz

With the election of Trump, America's soft power has taken a big hit. The United States has moved from a position of leadership in the creation of a rules-based international system to a position of leadership in its destruction and the creation of a regime of global protectionism. The damage will be long-lasting.

Joseph Stiglitz

I went to public schools, and while Gary was, like most American cities, racially segregated, it was at least socially integrated - a cross section of children from families of all walks of life.

Joseph Stiglitz

People at the top spend less money than those at the bottom, so when you have redistribution toward the top, aggregate demand goes down. Unless you intervene, you're going to have a weak economy unless something else happens.

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.

Joseph Stiglitz

I went to Amherst because my brother had gone there before me, and he went there because his guidance counselor thought that we would do better there than at a large university like Harvard.

Joseph Stiglitz

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

Joseph Stiglitz

If Trump actually wants to help those who have been left behind, he must go beyond the ideological battles of the past.

Joseph Stiglitz

The euro zone was driven by the neoliberal view that markets are always efficient. That in itself is political. There was no pressing economic need that the euro was required to solve, but leaders believed that it would foster growth.

Joseph Stiglitz

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

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

Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist.

Joseph Stiglitz

I began my career as a physicist. And in the White House, my buddies were the people from the White House office of science and technology policy. But a lot of the people were lawyers. They like winning an argument, but science-based, evidence-based reasoning was just sort of not in their framework.

Joseph Stiglitz

Globally, manufacturing jobs are on the decline, simply because productivity growth has outpaced growth in demand.

Joseph Stiglitz

The Clinton years were not an economic Nirvana; as chairman of the president's Council of Economic Advisers during part of this time, I'm all too aware of mistakes and lost opportunities.

Joseph Stiglitz

It's very clear that TPP was promoted by corporate interests, it was driven by ideology, not by economic science. And when they started looking at the net trade benefits, they are miniscule.

Joseph Stiglitz

Under Ronald Reagan in the United States and Margaret Thatcher in the U.K., there was a rewriting of the basic rules of capitalism. These two governments changed the rules governing labour bargaining, weakening trade unions, and they weakened anti-trust enforcement, allowing more monopolies to be created.

Joseph Stiglitz

With my kids, I'm a little sappier than my father may have been.

Joseph Stiglitz

Letting bygones be bygones is a basic principle in economics.

Joseph Stiglitz

Amherst is a liberal arts college, committed to providing students with a broad education.

Joseph Stiglitz

It is always better to tax bad things than good things.

Joseph Stiglitz

Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in the United States, and it's not going to happen in Europe.

Joseph Stiglitz

A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking.

Joseph Stiglitz

It isn't inevitable that we have a globalization which is used by the corporations not to pay taxes. It is not inevitable that we have a form of globalization in which corporations use the threat of moving jobs abroad to lower wages. None of this is inevitable.

Joseph Stiglitz

A single currency entails a fixed interest rate, which means countries can't manage their own currency to suit their own needs. You need a variety of institutions to help nations for which the policies aren't well suited. Europe introduced the euro without providing those structures.

Joseph Stiglitz

Free migration within Europe means that countries that have done a better job at reducing unemployment will predictably end up with more than their fair share of refugees. Workers in these countries bear the cost in depressed wages and higher unemployment, while employers benefit from cheaper labor.

Joseph Stiglitz