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"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."
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Exlpore more Work quotes
"The job description, like most, used complicated words that made job-hopefuls hesitant to apply because it may be out of their range of capability."
"We are so used to working that not working is the new hard work."
"And yet, troublingly, there is one difference between 'labour' and other elements [raw materials, machinery] which conventional economics does not have a means to represent, or give weight to, but which is nevertheless unavoidably present in the world: the fact that labour feels pain."
"A salary is a tax employers pay, every four weeks, for putting an employee's dream on hold."
"Read the Bible. Work hard and honestly. And don't complain."
"Work is a vehicle with which man chases some fleeting destination called a full tummy."
"To some women, a job plays the role of a man. To most women, a man plays the role of a job."
"A specialist's mind is a slave to his specialization."
"When I worked at the W. M. Keck Observatory on the 13,796 feet very high altitude summit of Mauna Kea, we would routinely be engulfed in cold clouds of helium and nitrogen gas as we discharged it into the video camera systems daily. The management team never warned us that we were in a hazardous oxygen deprived environment during this activity that was known for its ability to adversely affect physical and mental health, and possibly bring on death by asphyxiation."
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."
"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."
"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."
"Amherst is a liberal arts college, committed to providing students with a broad education."
"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."
"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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