Zitate von Joseph E. Stiglitz
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Joseph E. Stiglitz
Geburtstag:9. Februar 1943
Andere Namen:Joseph Eugene Stiglitz
Zitate Joseph E. Stiglitz
„Development is about transforming the lives of people, not just transforming economies.“
— Joseph E. Stiglitz
Making Globalization Work
„There are two visions of America a half century from now. One is of a society more divided between the haves and the have-nots, a country in which the rich live in gated communities, send their children to expensive schools, and have access to first-rate medical care. Meanwhile, the rest live in a world marked by insecurity, at best mediocre education, and in effect rationed health care―they hope and pray they don't get seriously sick. At the bottom are millions of young people alienated and without hope. I have seen that picture in many developing countries; economists have given it a name, a dual economy, two societies living side by side, but hardly knowing each other, hardly imagining what life is like for the other. Whether we will fall to the depths of some countries, where the gates grow higher and the societies split farther and farther apart, I do not know. It is, however, the nightmare towards which we are slowly marching.“
— Joseph E. Stiglitz
The Price of Inequality: How Today's Divided Society Endangers Our Future
„Of all the costs imposed on our society by the top 1 percent, perhaps the greatest is this: the erosion of our sense of identity in which fair play, equality of opportunity, and a sense of community are so important.“
— Joseph E. Stiglitz
The Price of Inequality: How Today's Divided Society Endangers Our Future
„To put it baldly, there are two ways to become wealthy: to create wealth or to take wealth away from others. The former adds to society. The latter typically subtracts from it, for in the process of taking it away, wealth gets destroyed. A monopolist who overcharges for his product takes money from those whom he is overcharging and at the same time destroys value. To get his monopoly price, he has to restrict production.“
— Joseph E. Stiglitz
The Price of Inequality: How Today's Divided Society Endangers Our Future
„The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs. The rich don’t need to rely on government for parks or education or medical care or personal security.“
— Joseph E. Stiglitz
The Price of Inequality: How Today's Divided Society Endangers Our Future
„The protesters have called into question whether there is a real democracy. Real democracy is more than the right to vote once every two or four years. The choices have to be meaningful. But increasingly, and especially in the US, it seems that the political system is more akin to "one dollar one vote" than to "one person one vote". Rather than correcting the market failures, the political system was reinforcing them.“
— Joseph E. Stiglitz
The Price of Inequality
„The budgetary cost to the UK of the wars in Iraq and Afghanistan through 2010 will total more than £18 billion. If we include the social costs the total impact will exceed £20 billion.“
— Joseph E. Stiglitz
The Three Trillion Dollar War: The True Cost Of The Iraq Conflict
„Overborrowing or overlending? Lenders encourage indebtedness because it is profitable. Developing country governments are sometimes even pressured to overborrow... Even without corruption, it is easy to be influenced by Western businessmen and financiers... Countries that aren't sure that borrowing is worth the rist are told how important it is to establis a credit rating: borrow even if you really don't need the money.“
— Joseph E. Stiglitz
Making Globalization Work
„The facts shouldn’t get in the way of a pleasant fantasy.“
— Joseph E. Stiglitz
The Price of Inequality: How Today's Divided Society Endangers Our Future
„The U. S. incarceration rate is the world’s highest and some nine to ten times that of many European countries. Almost 1 in 100 American adults is behind bars.61 Some U. S. states spend as much on their prisons as they do on their universities.“
— Joseph E. Stiglitz
The Price of Inequality: How Today's Divided Society Endangers Our Future
„Americans all benefit from the physical and institutional infrastructure that has developed from the country’s collective efforts over generations.“
— Joseph E. Stiglitz
The Price of Inequality: How Today's Divided Society Endangers Our Future
„In some circumstances, a focus on extrinsic rewards (money) can actually diminish effort. Most (or at least many) teachers enter their profession not because of the money but because of their love for children and their dedication to teaching. The best teachers could have earned far higher incomes if they had gone to banking. It is almost insulting to assume that they are not doing what they can to help their students learn, and that by paying them an extra $500 or $1,500, they would exert greater effort. Indeed, incentive pay can be corrosive: it reminds teachers of how bad their pay is, and those who are led thereby to focus on money may be induced to find a better paying job, leaving behind only those for whom teaching is the only alternative. (Of course, if teachers perceive themselves to be badly paid, that will undermine morale, and that will have adverse incentive effects)“
— Joseph E. Stiglitz
The Price of Inequality: How Today's Divided Society Endangers Our Future
