A Quote by Joseph Stiglitz

Trump sees the world in terms of a zero-sum game. In reality, globalisation, if well managed, is a positive-sum force: America gains if its friends and allies - whether Australia, the E.U., or Mexico - are stronger. But Trump's approach threatens to turn it into a negative-sum game: America will lose, too.

Joseph Stiglitz

Quote Topics

Allies America Approach Australia Force Friends Gains Game Globalisation Lose Mexico Negative Positive Reality Sees Stronger Sum Terms Too Trump Turn Well Whether Will World Zero Zero-Sum

Quote Author

Joseph Stiglitz
American - Economist
Born: February 9, 1943

President Trump sees the world in transactional and zero-sum terms - if something is good for China, it must be bad for the U.S. By contrast, economists see the world in much more nuanced ways: if globalization is well-managed, it can be a positive-sum game, where both the U.S. and China gain; if it is badly managed, it can be negative-sum.

Joseph Stiglitz

We're being told that America is a zero sum game - that the dreams of immigrants come at the expense of those native born and that the religious freedom of some threatens the security of others. But we know this is a lie.

Reshma Saujani

One problem with politics is that it is a zero sum game, i.e. politicians argue how to cut the pie smaller and smaller, by reshuffling pieces of the pie. I think this is destructive. Instead, we should be creating a bigger pie, i.e. funding the science that is the source of all our prosperity. Science is not a zero sum game.

Michio Kaku

We act like a zero-sum society, when in reality there is a lot of non zero-sum fat to be skimmed off to everyone's mutual advantage.

Howard Raiffa

American leadership looks to the world and just as Lincoln did sees the family of man. Humanity is not a zero-sum game.

Jeff Flake

On the political front, of course it's a zero-sum game. If it's all white males holding positions, you bring 10 women in, then it's, 'Women are coming!' Get 10 blacks and it's, 'Blacks are coming!' 'Hispanics are coming!' Zero-sum game. The seatmates might change but the chairs don't move. In the economy, the number of chairs can actually increase.

Jesse Jackson

Much of our national debate proceeds as if China and America were locked in a zero-sum game in which one's loss is precisely the other's gain.

Eric Liu

It is not a zero sum game. The simple idea of the gains from trade lies at the heart of the modern and the ancient economy, not the power of capital. There is nothing else to it.

Matt Ridley

Global education is not a zero-sum game. The rise of universities in Asia will be a benefit to the entire world.

Richard Levin

The discussion of derivatives in the political world has become a zero sum game.

Jim Himes

That's beautiful: the hurrah game! well — it's our game: that's the chief fact in connection with it: America's game: has the snap, go fling, of the American atmosphere — belongs as much to our institutions, fits into them as significantly, as our constitutions, laws: is just as important in the sum total of our historic life.

Walt Whitman

Republicans - Reagan but also George W. Bush - believed in freedom, and they believed in America's role. To have the governing party speak in terms of a zero-sum world, or speak in terms of America's purpose as no more than grabbing the largest share possible in the short run, goes against our foreign policy tradition that goes back to 1900, really.

Daniel Fried

Notable enough, however, are the controversies over the series 1 - 1 + 1 - 1 + 1 - ... whose sum was given by Leibniz as 1/2, although others disagree. ... Understanding of this question is to be sought in the word "sum"; this idea, if thus conceived - namely, the sum of a series is said to be that quantity to which it is brought closer as more terms of the series are taken - has relevance only for convergent series, and we should in general give up the idea of sum for divergent series.