233 Quotes by Joseph Stiglitz

Behind Trump's promise to 'make America great again' lie many fallacies. The most important fallacy is that America's place in the world can be restored to the one it occupied after World War II, when Europe was still recovering from vast devastation and most developing countries were still European colonies. It can't be.

China's government has far more control over the country's economy than our government has over ours, and it is moving from export dependence to a model of growth driven by domestic demand. Any restriction on exports to the U.S. would simply accelerate a process already underway.

The diversity of Europe is its strength. But for a single currency to work, over a region with enormous economic and political diversity, is not easy.

Trump will fail even in his proclaimed goal of reducing the trade deficit, which is determined by the disparity between domestic savings and investment.

China, with its large emerging middle class, is among the big beneficiaries of globalization.

Donald J. Trump has the good fortune of taking office as the economy is finally recovering from the 2008 crisis.

Letting bygones be bygones is a basic principle in economics.

Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich.

There is a broad consensus, not only in the United States but in most of the world, that if you are in an economic downturn, you need to stimulate. Germany seems to be an exception.