A Quote by Joseph Stiglitz

With neoliberalism discredited and austerity failed, we need to rewrite the rules of the economy once again. But this time in the right way. We need rules that focus on long-term economic growth, and the only kind of sustainable prosperity is shared prosperity.

Joseph Stiglitz

Quote Topics

Again Austerity Economic Economic Growth Economy Failed Focus Growth Kind Long Long-Term Need Neoliberalism Once Only Prosperity Rewrite Right Right Way Rules Shared Sustainable Term Time Way

Quote Author

Joseph Stiglitz
American - Economist
Born: February 9, 1943

You need in the long run for stability, for economic growth, for jobs, as well as for financial stability, global economic institutions that make sure that growth to be sustained has to be shared, and are built on the principle that the prosperity of this world is indivisible.

Gordon Brown

Liberalized trade - in broadly multilateral, regional, or bilateral agreements - is a key ingredient in the recipe for prosperity... An absolute prerequisite for long-term economic growth is full participation in the global economy and trading system.

Kevin Hassett

Reforms aimed at increasing an economy's flexibility are always hard - and even more so at a time of weak growth - because they require eliminating protections for vested interests in the short term for the sake of greater long-term prosperity.

Michael Spence

Real prosperity comes from everybody in the country working together in a growth mode. Real prosperity comes as a result of people's own initiative and efforts and so forth. Prosperity, if it comes from the government, is not prosperity. It's an existence or a subsistence or whatever, but it isn't prosperity.

Rush Limbaugh

There is going to be globalization, but we need to do it under terms - under rules that work as rules work for our domestic economy on the dynamic of capitalism. You need to do trade in the same way.

Sherrod Brown

But all fairytales have rules, and perhaps it’s their rules that actually distinguish one fairytale from the other. These rules never need to be understood. They only need to be followed. If not, what they promise won’t come true.

Jostein Gaarder

The president feels not only do we need to change these rogue regimes, but even our friendly allies, who really basically have, sort of, benign dictatorships, need to get with the program if they want to have long-term security and prosperity from terrorism.

Mitch McConnell

The system we have is one that protects my rights under a president I don`t approve. That tomorrow we`ll do the same for you. And what people have in common is their commitment to those shared rules. And if you have someone who was a challenger to the shared rules, that`s unacceptable. And we`ve never seen that before. Not in a long, long time but we see it now.

David Frum

Once you have hierarchy you need rules to protect and administer it, and then you need law and the enforcement of the rules, and you end up with some kind of chain of command or system of order that destroys relationship rather than promotes it. Hierarchy imposes laws and rules and you end up missing the wonder of relationship that we intended for you.

William P. Young

Hillary Clinton would raise taxes on so-called rich people, corporations, capital gains, financial transactions, and inheritance. Has there ever been an example where America has taxed its way into prosperity? Never. Trump has an economic-recovery-and-prosperity plan. Clinton has an austerity-recession plan.

Lawrence Kudlow

Though my heart may be left of centre, I have always known that the only economic system that works is a market economy... This is the only natural economy, the only kind that makes sense, the only one that can lead to prosperity, because it is the only one that reflects the nature of life itself.

Vaclav Havel

We need a national focus on increasing the sustainable growth rate of our economy.

Jerome Powell

The clear and present danger of climate change means we cannot burn our way to prosperity. We already rely too heavily on fossil fuels. We need to find a new, sustainable path to the future we want. We need a clean industrial revolution.