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"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."
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"Once I should have been, if not satisfied, partially, at least, contented with suffrage for the intelligent and those who have been soldiers; now I am convinced that universal suffrage is demanded by sound policy and impartial justice."
"The reality is that we have missed a lot of opportunities in Iraq because of a failed policy."
"Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bills, would necessarily be unsuccessful. Led by the idea of opposing speculation, inflationistic governments have allowed themselves to become involved in measures whose meaning is hardly intelligible. Thus at one time the importation of notes, then their exportation, then again both their exportation and importation, have been prohibited. Exporters have been forbidden to sell for their own country's notes, importers to buy with them."
"Already, China has undermined U.S. foreign policy in efforts to gain access to oil resources in Iran and Sudan. We simply cannot separate the political and economic values of oil."
"The United States has got to adopt a policy of befriending and creating allies around the world."
"For the past several years, the Meth Caucus has worked to engage the Office of National Drug Control Policy on this issue. We have tried to get their attention that meth requires a strong, comprehensive Federal policy."
"As costs mount, in lives and dollars, it is natural to second guess, but one lesson I hope we have learned is that the U.S. cannot go it alone in a policy that leaves American troops taking all the risk and American taxpayers paying all of the costs."
"Universality has been severely reduced: it is virtually dead as a concept in most areas of public policy."
""Empathy" is the latest code word for liberal activism, for treating the Constitution as malleable clay to be kneaded and molded in whatever form justices want. It represents an expansive view of the judiciary in which courts create policy that couldn't pass the legislative branch or, if it did, would generate voter backlash."
"Monetary policy itself cannot sensibly be directed at reducing imbalances."
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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