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"Economists often like startling theorems, results which seem to run counter to conventional wisdom."
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"Two things influence one's wisdom: remarkable experience and " evenmuch more " accumulated knowledge."

"Yet Byron never made tea as you do, who fill the pot so that when you put the lid on the tea spills over. There is a brown pool on the table-it is running among your books and papers. Now you mop it up, clumsily, with your pocket-hankerchief. You then stuff your hankerchief back into your pocket-that is not Byron; that is so essentially you that if I think of you in twenty years' time, when we are both famous, gouty and intolerable, it will be by that scene: and if you are dead, I shall weep."

"Simple minded people do things like gossip, lie, spread rumors, and cause troubles. But, I know you're more intelligent."

"There is no saint here. I have attained wisdom from life's experiences... the positive, the negative, the destructive, the nourishing. I have been medicine and I have been poison. I've learned a lot about heaven from aligning with angels and I learned a lot about hell from acting like a devil. I offer my scars... what you call "wisdom"... as insight I have gathered from my comfort of living within both the light and the shadow."
Explore more quotes by Joseph E. Stiglitz

"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights."

"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."

"Economists often like startling theorems, results which seem to run counter to conventional wisdom."

"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."

"I knew that discrimination existed, even though there were many individuals who were not prejudiced."

"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."

"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."

"But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs."

"My teachers helped guide and motivate me; but the responsibility of learning was left with me, an approach to learning which was later reinforced by my experiences at Amherst."
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