Joseph Stiglitz

"The IMF has been encouraging, sometimes even forcing , countries to have their central banks focus only on inflation. Europe succumbed to these doctrines. Today, throughout Euroland, there is unhappin…"

"The era of multilateral trade liberalization seems to be nearing an end , as well-founded disillusionment in the developing countries combines with growing protectionist sentiment in the developed wor…"

"New technologies 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-g…"

"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 …"

"Today, as we face a retreat from the rules-based, liberal global order, with autocratic rulers and demagogues leading countries that contain well over half the world’s population, Fukuyama’s idea seem…"

"Instead, unchecked by competition to "win the heart and minds" of those in the Third World, the advanced industrial countries actually created a global trade regime that helped their special corporate…"

"When I was at the World Bank, it would often be said in the face of obvious failure that our strategy was correct, it just wasn't implemented well."

"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights. We were impatient with those who took a cautious approach. How could we continue to co…"