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. – Joseph Stiglitz
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. – Joseph Stiglitz
Economists often like startling theorems, results which seem to run counter to conventional wisdom. – Joseph Stiglitz
I grew up in a family in which political issues were often discussed, and debated intensely. – Joseph Stiglitz
Tell a man whose house is on fire to give a moderate alarm; tell him to moderately rescue his wife from the hands of the ravisher; tell the mother to gradually extricate her babe from the fire into which it has fallen; but urge me not to use moderation in a case like the present. – William Lloyd Garrison