Frasi di Joseph Stiglitz

„Il reddito è solo una dimensione della disuguaglianza. Altre dimensioni sono molto importanti, come ad esempio l'accesso alla giustizia, che non è uguale per tutti, o la partecipazione alle decisioni politiche, che non è la stessa per tutti. Tali dimensioni, però, sono difficili da quantificare. Ci sono invece almeno altre due dimensioni che sono facili da misurare. Una è la disuguaglianza nella salute, come risulta dalle differenze nell’aspettativa di vita. La natura stessa porta alcuni individui a vivere più a lungo di altri. Ma se alcuni individui non hanno accesso all’assistenza sanitaria o non riescono ad ottenere un’alimentazione adeguata, allora ci saranno ancora maggiori disparità nella salute.“

—  Joseph Stiglitz

„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.“

—  Joseph Stiglitz

„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.“

—  Joseph Stiglitz

Origine: Da Io premio Nobel vi dico: le diseguaglianze sono troppe http://espresso.repubblica.it/attualita/2017/11/01/news/io-premio-nobel-vi-dico-le-diseguaglianze-sono-troppe-1.313011?ref=RHRR-BE, L'Espresso.it, 1° novembre 2017.

„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.“

—  Joseph Stiglitz

„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.“

—  Joseph E. Stiglitz

„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.

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

—  Joseph E. Stiglitz, libro Making Globalization Work

Origine: Making Globalization Work

„New technologies (reinforced by new trade rules) are enhancing the market power of incumbent, dominant firms, such as Microsoft, which are all from the developed world; for the first time, in a key global industry, there is a near-global monopolist.“

—  Joseph E. Stiglitz, libro Making Globalization Work

§2, p. 58
Making globalization work (2006)

„In part, free trade has not worked because we have not tried it: trade agreements of the past have been neither free nor fair. They have been asymmetric, opening up markets in the developing countries to goods from the advanced industrial countries without full reciprocation.“

—  Joseph E. Stiglitz, libro Making Globalization Work

§3, p. 62
Making globalization work (2006)

„Innovation is important; it has transformed the lives of everyone in the world. And intellectual property laws can and should play a role in stimulating innovation. However, the contention that stronger intellectual property rights always boost economic performance is not in general correct. It is an example of how special interests—those who benefit from stronger intellectual property rights—use simplistic ideology to advance their causes.“

—  Joseph E. Stiglitz, libro Making Globalization Work

§4, p. 106
Making globalization work (2006)

„TRIPs imposed on the entire world the dominant intellectual property regime in the United States and Europe, as it is today. I believe that the way that intellectual property regime has evolved is not good for the United States and the EU; but even more, I believe it is not in the interest of the developing countries.“

—  Joseph E. Stiglitz, libro Making Globalization Work

§4.2 TRIPs, p. 117
Making globalization work (2006)

„The problem is easy to state: developing countries borrow too much—or are lent too much—and in ways that force them to bear most or all of the risk of subsequent increases in interest rates, fluctuations in the exchange rate, or decreases in income. Given this, it is not surprising that they often cannot repay what is owed.“

—  Joseph E. Stiglitz, libro Making Globalization Work

§8
Making globalization work (2006)

„Growing up in Gary Indiana gave me, I think, a distinct advantage over many of my classmates who had grown up in affluent suburbs. They could read articles that argued that in competitive equilibrium, there could not be discrimination, so long as there are some non-discriminatory individuals or firms, since it would pay any such firm to hire the lower wage discriminated-against individuals, and take them seriously. I knew that discrimination existed, even though there were many individuals who were not prejudiced. To me, the theorem simply proved that one or more of the assumptions that went into the theory was wrong.“

—  Joseph E. Stiglitz

Autobiographical Essay (2001)

„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 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.“

—  Joseph E. Stiglitz

Autobiographical Essay (2001)

„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 E. Stiglitz

Autobiographical Essay (2001)

„Once I undertook the analysis of a problem, I often looked at it from a variety of perspectives. I approached the problem as a series of thought experiments — unlike many other sciences, we typically cannot do actual experiments.“

—  Joseph E. Stiglitz

Autobiographical Essay (2001)

„There is little doubt that the observation that quality may depend on price (productivity on wages; default probability on interest rates) has provided a rich mine for economic theorists: A simple modification of the basic assumptions results in a profound alteration of many of the basic conclusions of the standard paradigm. The Law of Supply and Demand has been repealed. The Law of the Single Price has been repealed. The Fundamental Theorem of Welfare Economics has been shown not to be valid.
More than that, the theories that we describe here provide the basis of progress toward a unification of macroeconomics and microeconomics. They pro vide an explanation of unemployment and credit rationing, derived from basic microeconomic principles. It is a theory in which the extensive idleness that periodically confronts society's resources, human and capital, is seen as but the most obvious example of market failures that prevasively and persistently distort the allocation of resources.“

—  Joseph E. Stiglitz

"The Causes and Consequences of The Dependence of Quality on Price", Journal of Economic Literature, Vol. 25, No. 1 (Mar., 1987)

„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… 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 E. Stiglitz

Autobiographical Essay (2001)