Posts Tagged ‘joseph stiglitz’
Joseph Stiglitz: Banks Too Big Fail
on Monday, May 15, 2023Meaning of Joseph E. Stiglitz Money Quote: saying giant banks have become not only too big to fail, but too big for responsibility. Joseph E. Stiglitz said:
“We have banks that are not only too big to fail, but too big to be held accountable” — Joseph E. Stiglitz
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Joseph Stiglitz: Bitcoin Money Laundering
on Saturday, February 3, 2018Joseph Stiglitz Money Quote saying he believes that people want digital currency like Bitcoin only to circumvent the law – so he thinks it will implode without illicit uses. Joseph Stiglitz said:
“When you regulate it so you couldn’t engage in money laundering, there will be no demand for Bitcoin” — Joseph Stiglitz
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Joseph Stiglitz: Funds Pockets of Secrecy
on Wednesday, December 28, 2016Economist Joseph Stiglitz Money Quote saying in the Overcoming the Shadow Economy report on Panama Papers, Joseph Stiglitz believes complete transparency is required worldwide financial markets. Economist Joseph Stiglitz said:
“In a globalized world, if there is any pocket of secrecy, funds will flow through that pocket” — Joseph Stiglitz
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Joseph Stiglitz: Americans Taxation Burden
on Monday, April 18, 2016Joseph Stiglitz Money Quote saying working americans are bearing the larger burden of taxes that corporations should be sharing. Joseph Stiglitz said:
“Their lobby helped create this law that allows them to escape taxes, pushing the burden of taxation on ordinary Americans” — Joseph Stiglitz
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Joseph Stiglitz: Law = No Corporate Taxes
on Monday, April 18, 2016Joseph Stiglitz Money Quote saying corporate lobby has manipulated the law to allow them to avoid taxes offshore. Joseph Stiglitz said:
![The law does permit it - [Large Corporations] use their lobbyists to make sure that the law gives them the scope to avoid taxes Quote](http://itsamoneything.com/money/wp-content/uploads/Joseph-Stiglitz-Lobbyists-Law-Avoid-Taxes.jpg)
“The law does permit it – [Large Corporations] use their lobbyists to make sure that the law gives them the scope to avoid taxes. So this argument ‘Oh, we’re only doing what the law allows’ is disingenuous” — Joseph Stiglitz
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Joseph Stiglitz: GDP Not Well-Being
on Monday, February 8, 2016Economist Joseph Stiglitz Money Quotation saying “what we measure informs what we do. And if we’re measuring the wrong thing, we’re going to do the wrong thing.” Joseph Stiglitz said:
“GDP is not a good measure of economic performance; it’s not a good measure of well-being” — Joseph Stiglitz
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