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"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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"It is this spirit of godliness that will bring forth the attributes, the principles and the life style of godliness."
"Virtue rejects facility to be her companion. She requires a craggy, rough and thorny way."
"The greater the wisdom, the greater the mind. The greater the courage, the greater the heart. The greater the love, the greater the soul."
"It is better to be a discipline than a follower."
"When virtue has slept it will arise more vigorous."
"We should every night call ourselves to an account: what infirmity have I mastered today? what passions opposed? what temptation resisted? what virtue acquired? Our vices will abate of themselves if they be brought every day to the shrift."
Explore more quotes by Joseph E. Stiglitz
"Amherst is a liberal arts college, committed to providing students with a broad education."
"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights."
"Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist."
"The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities."
"But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs."
"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."
"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."
"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 knew that discrimination existed, even though there were many individuals who were not prejudiced."
"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?"
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