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"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."
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"The condition you're in at this moment is the product of your previous thoughts, to change your condition, change your thoughts."
Personal Development
"When this world is full of fashion, be unique by reflecting your own style."
"Every idea travels to somewhere but some ideas travel to everywhere, the great ideas!"
"How magical can a person be when she is blessed with infinite kindness?"
"A party of order or stability, and a party of progress or reform, are both necessary elements of a healthy state of political life."
"I never think of the future - it comes soon enough."
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."
"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."
"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."
"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights."
"I went to Amherst because my brother had gone there before me, and he went there because his guidance counselor thought that we would do better there than at a large university like Harvard."
"Economists often like startling theorems, results which seem to run counter to conventional wisdom."
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