A Quote by Joseph Stiglitz
The Clinton years were not an economic Nirvana; as chairman of the president's Council of Economic Advisers during part of this time, I'm all too aware of mistakes and lost opportunities.
Related Quotes
Joseph Stiglitz was the chief economist of the World Bank for three years till January 2000. Before that he was the chairman of President Clinton's Council of Economic Advisers. No one can speak more authoritatively or with greater inside knowledge about the functioning of the Washington consensus institutions.
I'm not currently into economic textbooks, but my grandchildren tell me that the book by Gregory Mankiw, former head of the white house council of economic advisers is a model of intelligence and clarity. Why not try that one.
President Clinton will, I think, lift everyone's spirit. He was a good president, an economic, balanced budget president. And President Obama, I believe, has been a very good president, too, and we will get reelected. You watch.
I think that the only time we will really know what then-President Trump is going to do about the set of challenges that confront him is after he has sat down with his advisers as the commander in chief, when he's looking at the threats and the intelligence from the standpoint of being the number one decider, when he's hearing from his secretary of defense, his chairman, who was the same chairman President Obama had, Chairman Joe Dunford, who is an outstanding public servant, who has led our anti-ISIL effort, on which we're making great progress.
We should not lay all past mistakes on Chairman Mao. So we must be very objective in assessing him. His contributions were primary, his mistakes secondary. In China, we will inherit the many good things in Chairman Mao's thinking while at the same time explaining clearly the mistakes he made.
I think that in the last eight years, we were averaging economic growth of about 2 percent. It's not good. It's very slow. It's a slow pace. People are expecting that pace to continue if Hillary Clinton becomes president.
That's not to say they [Bill and Hillary Clinton] intend to be corrupt, but I think they're way too cozy with the economic elite, and we know that our political system exemplifies the power of the economic elite.
I ran for president because I wanted to help Lithuania and its people during a difficult time. My country was on the very edge of an economic crisis, and people were disappointed by the economic situation and the political elite. We all needed change and motivation to consolidate our efforts in order to overcome the difficulties.
That economic decisions are made without certain knowledge of the consequences is pretty self-evident. But, although many economists were aware of this elementary fact, there was no systematic analysis of economic uncertainty until about 1950.
The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years.
It is common to speak of the economic opportunities tackling climate change represents, and there is a lot of truth to this: rapid decarbonisation offers a profound economic opportunity to revive our productivity and reshape our economy as part of a green jobs revolution.
You know we have Democratic centrists here to blame for the economic conditions driving this rightwing extremism. So the solution here, you know, is not Hillary Clinton and more of the Clintonism centrist, the centrist Clinton philosophy that is greeding this economic misery.
President Reagan, Jack Kemp and other advocates of supply-side economics understood that pro-growth tax, spending and economic policies were essential to America's long-term economic and fiscal health.
If President Obama really wants to hurt the Syrian government, don't send cruise missiles. He should send over some of his economic advisers.
I am part of the World Economic Forum Global Council on Robotics and AI, and we spend a fair amount of our time together as a group discussing ethics, best practices, and the like.
I have the privilege of being the vice chair of the World Economic Forum's real estate council. In that role, I review a lot of economic data and original research from around the world.
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