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"Economists often like startling theorems, results which seem to run counter to conventional wisdom."
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"Transcendence and transformation of consciousness will create a new reality for humanity-not our economic success."
"All men have life, but only few men know its value."
"Wisdom is creating your own opinion. Everyone else is following someone else's opinion."
Explore more quotes by Joseph E. Stiglitz
"Amherst is a liberal arts college, committed to providing students with a broad education."
"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."
"But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs."
"Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them."
"I grew up in a family in which political issues were often discussed, and debated intensely."
"Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation."
"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."
"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."
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