A Quote by Joseph Stiglitz

When markets fail, as they often do, collective action becomes imperative. — © Joseph Stiglitz
When markets fail, as they often do, collective action becomes imperative.
But our energy woes are in many ways the result of classic market failures that can only be addressed through collective action, and government is the vehicle for collective action in a democracy.
Challenges of historic import threaten America's future. Action on the deficit, economy, energy, health care and much more is imperative, yet our legislative institutions fail to act. Congress must be reformed.
You feel the communion of the collective consciousness in that moment when you're on stage doing something and the audience is absolutely with you. And the audience becomes a collective entity as well. They come in from separate places and socio-economic backgrounds, and places across the world and days that they've had, and then they come together and they become one collective thing, and experience something in a collective way.
So often we experience things in life, and yet never see the connections between them. When we are given hardship, or feel pain, we often fail to consider that the experience may be the direct cause or result of another action or experience. Sometimes we fail to recognize the direct connection between the pain in our lives and our relationship with Allah SWT
The national school is not a lecture hall or a library. Its schooling consists chiefly in experimental collective action aimed at the realization of a collective purpose.
Terrorism attacks peoples' trust in the system of their state. There is protection, but only if there is collective action and collective understanding about how to really deal with this phenomenon.
Maybe we don't put our young people in situations often enough where they're allowed to fail. When you fail you gain experience, and with enough experience, you don't fail as often.
Success will be measured by change in the appallingly high levels of violence directed at women online and in the physical world, and change in the low levels of women's participation in public life.That change will require collective action, just as the changes so far have taken collective action.
How often it is that a small action becomes great by its intention. And how often it is that a great action becomes small by its intention.
'Fail hard, fail fast, fail often. It's the key to success.' This one I learned from experience!
Women's Studies can amount simply to compensatory history; too often they fail to challenge the intellectual and political structures that must be challenged if women as a group are ever to come into collective, nonexclusionary freedom.
There's no checklist of how democracies fail because they fail in different ways. Some of them fail because they break up and civil war breaks out... Often they fail because someone is elected to power who doesn't respect the rules of the democracy.
Both renunciation of action and the performance of action lead to Nirvana (Liberation); but these performance of action is superior to renunciation of action. The action of today becomes the destiny of tomorrow.
People often panic when the markets go down and sell off their stocks - but then they aren't in the game when the markets are doing well.
But to cut off relations with an aggressor may often invite retaliation by armed action, and this would, in its turn, make necessary some form of collective self-defence by the loyal members of the League.
Fail early, fail often, but always fail forward.
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