A Quote by Joseph Stiglitz

A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking.

Joseph Stiglitz

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About Been Book Increase Inequality Lot Price Rent Seeking Why

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Joseph Stiglitz
American - Economist
Born: February 9, 1943

Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And there is lots of talk and realization of this. It's harder to understand that at the same time, you can actually have global inequality going down. Technically speaking, national inequality can increase in every single country and yet global inequality can go down. And why it is going down is because very large, populous, and relatively poor countries like India and China are growing quite fast.

Branko Milanovic

The price of an e-book is a lot less than the price that we're charging for a hardcover book. It's about the same as we charge for a paperback. And that means a different revenue stream.

Jonathan Galassi

It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.

Angus Deaton

There have always been two theories about inequality. One is that it reflects just deserts. The other is that there are large elements of exploitation and inequality of opportunities. The evidence is overwhelmingly that the increase in inequality is associated with those negative factors. If it were all social contribution, then when the top did better, they would be contributing to everybody's well-being. That trickle-down hasn't happened. We've seen median income, people in the middle, actually worse off than they were 25 years ago.

Joseph Stiglitz

Individual nations have offered their own contributions to income inequality - financial deregulation and upper-bracket tax cuts in the United States; insider privatization in Russia; rent-seeking in regulated industries in India and Mexico.

Chrystia Freeland

Remember, until the 1970s, the spread of democracy has always been accompanied by the decline of inequality. The more democratic our societies have been, the more equal they have been becoming. Now we have the reverse tendency. The spread of democracy now is very much accompanied by the increase in inequality.

Ivan Krastev

While many Americans agree that 'the system is rigged' economically, few are aware of the ways in which racial inequality has been structured and embedded in our society. This is why candid, fact-based discussions about racial inequality are so desperately needed.

Kimberle Williams Crenshaw

No doubt exists that rent seeking in general leads to serious inefficiencies in this direct sense, but its indirect damage is even worse. Drawing the bulk of intelligent and energetic people in society into activity that has no social product, or may have a negative social product, is more important in explaining the stagnation of these societies than the direct social cost of the rent seeking.

Gordon Tullock

The higher amount you put into higher education, at the federal level particularly, the more the price of higher education rises. It's the dog that never catches its tail. You increase student loans, you increase grants, you increase Pell grants, Stafford loans, and what happens? They raise the price.

Bill Bennett

When I was poor and I complained about inequality they said I was bitter. Now I'm rich and I complain about inequality they say I'm a hypocrite. I'm starting to think they just don't want to talk about inequality.

Russell Brand

Let there be no mistake, Sen Sanders, his campaign and the vigorous debate that we've had about how to raise incomes, how to reduce inequality, increase upward mobility, has been very good for the Democratic Party and for America.

Hillary Clinton

The struggle through the grief was a huge growing process for me. There were gifts that came from it. I learned a lot about myself. I got into a mode very much like my father's own mode of seeking - seeking solutions, seeking teachers, seeking information - to try to alleviate my own suffering.

Shannon Lee

The benefits of feminism have been unequally distributed, because the move toward gender equality and gender neutrality has been countered to a large extent by the increase in economic inequality.

Stephanie Coontz

I've been campaigning like anything for restoring these changes. For 27 years. I wrote a book about it, well, a portion of the book was devoted to these scenes and why they should have been in the movie.

William Peter Blatty

Where big data is all about seeking correlations - and thus to make incremental changes - small data is all about causations - seeking to understand the reasons why.