Frasi di Joseph Stiglitz

Decisione, Natura, Sulla vita, Sulla salute

„Questa crisi, questo disastro [europeo] è artificiale [... ] e in sostanza questo disastro artificiale ha quattro lettere: l'euro.“

Sul disastro

„Il mondo è sempre più diseguale ed è ormai evidente che non solo esistono elevati livelli di disuguaglianza nella maggior parte dei paesi, ma che queste disparità sono in aumento.“

Sul mondo

„Dobbiamo riscrivere le regole dell'economia di mercato, ancora una volta, fare di meglio per ridurre il potere di mercato monopolistico, l'esclusione e la discriminazione; garantendo una minore trasmissione intergenerazionale dei vantaggi acquisiti, inclusa una minore trasmissione intergenerazionale del capitale umano e finanziario, in parte migliorando l'istruzione pubblica, aumentando la tassazione sull'eredità e reintroducendo una progressività maggiore nelle imposte sul reddito.“

Sull'istruzione

„L'aumento della finanziarizzazione dell'economia, combinata con una governance aziendale più debole e una vera e propria diffusa turpitudine morale, hanno portato ad una situazione in cui molti, nel settore finanziario, sfruttano il resto dell’economia.“

„The theories that I (and others) helped develop explained why unfettered markets often not only do not lead to social justice, but do not even produce efficient outcomes. Interestingly, there has been no intellectual challenge to the refutation of Adam Smith’s invisible hand: individuals and firms, in the pursuit of their self-interest, are not necessarily, or in general, led as if by an invisible hand, to economic efficiency. The only question that has been raised concerns the ability of government to remedy the deficiencies of the market. Within academia, a significant fraction of economists are involved with developing and expanding on the ideas of imperfect information (and imperfect markets) that I explored. For instance, Edmund Phelps, this year’s Nobel Prize winner, belongs to this "school" of thought. But in political discourse, simplistic “market fundamentalism” continues to exert enormous influence.“

— Joseph E. Stiglitz
Interview on Bebbe Grillo's Blog http://www.beppegrillo.it/eng/2007/01/stiglitz.html, January 2007.

„Rather than justice for all, we are evolving into a system of justice for those who can afford it. We have banks that are not only too big to fail, but too big to be held accountable.“

„Development is about transforming the lives of people, not just transforming economies.“

— Joseph E. Stiglitz, Making Globalization Work

„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.“

„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?“

„They [free market policies] were never based on solid empirical and theoretical foundations, and even as many of these policies were being pushed, academic economists were explaining the limitations of markets — for instance, whenever information is imperfect, which is to say always.“

— Joseph E. Stiglitz
"Bleakonomics" http://www.nytimes.com/2007/09/30/books/review/Stiglitz-t.html?_r=2&adxnnl=1&oref=slogin&ref=books&adxnnlx=1191080508-xgqHp+i170M7vW5X5Q4Yeg&oref=slogin The New York Times Sunday Book Review (2007-09-30).

„The best teachers still taught in a Socratic style, asking questions, responding to the answers with still another question. And in all of our courses, we were taught that what mattered most was asking the right question — having posed the question well, answering the question was often a relatively easy matter.“

„It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in so much that seems so counter to what the world is like. Many of the things that I'm going to describe make so much more common sense than these notions that seem counter to what ones eyes see every day.“

— Joseph E. Stiglitz
"Nobel Prize Lecture" http://nobelprize.org/mediaplayer/index.php?id=507 Information and the Change in the Paradigm in Economics, at Aula Magna, Stockholm University, (2001-12-08).

„The fall of Wall Street is for market fundamentalism what the fall of the Berlin Wall was for communism.“

— Joseph E. Stiglitz
Interview with Nathan Gardels, The Huffington Post, September 16th 2008 http://www.huffingtonpost.com/nathan-gardels/stiglitz-the-fall-of-wall_b_126911.html?show_comment_id=15934161

„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.“

„An early insight in my work on the economics of information concerned the problem of appropriability — the difficulty that those who pay for information have in getting returns.“