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"I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous."
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"When disinformation is running rampant, there are two ignorances that may emerge: the one is actually positive, a sort of pure and intentional emptying of the mind; but the other is of course negative and clogged and polluted."
"Disinformation is duping. Misinformation is tricking."
"A poem is true if it hangs together. Information points to something else. A poem points to nothing but itself."
"But the newest research is showing that many properties of the brain are genetically organized, and don't depend on information coming in from the senses."
"I never leaked information to Woodward and Bernstein or anyone else!"
"How easy it is for so many of us today to be undoubtedly full of information yet fully deprived of accurate information."
"I answered their questions truthfully and honestly, but I would prefer not to say more. I assume the information was routed back and that is why I was not called to testify."
"I was given no special information by the White House, or by anybody else, for that matter."
"The information gained from these techniques was valuable in some instances, but there is no way of knowing whether the same information could have been obtained through other means."
"Television has done much for psychiatry by spreading information about it, as well as contributing to the need for it."
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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