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"My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth."
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"Every misfortune is a fortune."
"Don't conform. Don't live in a small dirty pond when the ocean of life is lovingly inviting you."
"No matter how disappointing you believe your life currently is, it is never too late to start reshaping it to become an amazing testimony."
"To change yourself, let go of what you are and accept what you want to be."
"Things don't only change, they also change you; sometimes for good, sometimes not."
"Change is the most beneficial power available to you, simply change the things you don't like, replacing them with your true desires."
Explore more quotes by Joseph E. Stiglitz
"I grew up in a family in which political issues were often discussed, and debated intensely."
"As I noted in my Nobel lecture, 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."
"I went to public schools, and while Gary was, like most American cities, racially segregated, it was at least socially integrated - a cross section of children from families of all walks of life."
"I knew that discrimination existed, even though there were many individuals who were not prejudiced."
"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."
"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?"
"Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist."
"But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs."
"I think in part the reason is that 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."
"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."
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