In debate, one randomly was assigned to one side or the other. This had at least one virtue - it made one see that there was more than one side to these complex issues. Joseph Stiglitz assigncomplexdebate Change image and share on social
Amherst is a liberal arts college, committed to providing students with a broad education. Joseph Stiglitz amherstartbroad Change image and share on social
The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy. Joseph Stiglitz activitycurriculardebate Change image and share on social
But while I loved all of these courses, there was an irresistible attraction of economics. Joseph Stiglitz attractioncourseeconomics Change image and share on social
But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs. Joseph Stiglitz acquireactionaffect Change image and share on social
I grew up in a family in which political issues were often discussed, and debated intensely. Joseph Stiglitz debatediscussfamily Change image and share on social
Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them. Joseph Stiglitz discriminationepisodicexist Change image and share on social
If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system? Joseph Stiglitz assurancecapitalistefficiency share on social
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. Joseph Stiglitz affectdevoiddifferently Change image and share on social
I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are. Joseph Stiglitz crystallizeeconomyenvironment share on social