Revision as of 20:31, 12 August 2025

Joseph Stiglitz

American economist and Nobel laureate (2001). Former Chief Economist of the World Bank.

New Keynesian Economics

"The problem is not that AI will take all the jobs, but that the benefits of AI-driven productivity gains won't be equally shared."

—Joseph Stiglitz, People, Power, and Profits (2019), p. 142, W. W. Norton & Company

"We've moved from an economy based on manufacturing to one based on information, but our economic models haven't caught up."

—Joseph Stiglitz, The Euro: How a Common Currency Threatens the Future of Europe (2016), p. 89, W. W. Norton & Company

"Market fundamentalism has failed spectacularly."

—Joseph Stiglitz, Freefall (2010), p. xii, W. W. Norton & Company

"Trickle-down economics is a myth. Money trickles up, not down."

—Joseph Stiglitz, The Price of Inequality (2012), p. 8, W. W. Norton & Company

"Intellectual property rights can be a barrier to innovation rather than an incentive."

—Joseph Stiglitz, Making Globalization Work (2006), p. 103, W. W. Norton & Company

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 [[Category:Economist]]
 [[Category:New Keynesian Economics]]
+== Additional Notable Quotes ==
+=== On Network Effects and Platform Monopolies ===
+<blockquote>"Market fundamentalism has failed spectacularly."</blockquote>
+—Joseph Stiglitz, ''Freefall'' (2010), p. xii, W. W. Norton & Company
+=== On Wealth Inequality and Technology ===
+<blockquote>"Trickle-down economics is a myth. Money trickles up, not down."</blockquote>
+—Joseph Stiglitz, ''The Price of Inequality'' (2012), p. 8, W. W. Norton & Company
+=== On Intangible Assets and Valuation ===
+<blockquote>"Intellectual property rights can be a barrier to innovation rather than an incentive."</blockquote>
+—Joseph Stiglitz, ''Making Globalization Work'' (2006), p. 103, W. W. Norton & Company