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 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 americanchildcity Change image and share on social
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. Joseph Stiglitz airdistinguisheconomics Change image and share on social