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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
Tags: bad, game, world, good

Other Quotes by "Joseph Stiglitz"

Americans like to say we're fighting for democracy, and yet young Americans have come to the view that democracy doesn't deliver.
— Joseph Stiglitz
Tags: like, fighting, view, democracy
When you don't have equality of opportunity because you don't have equal access to education, it just seems so outrageous. It weakens our economy and leads to more inequality.
— Joseph Stiglitz
Tags: opportunity, equality, you, education
Tax policy should reflect a country's values and address its problems.
— Joseph Stiglitz
Tags: tax, values, country, problems
Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich.
— Joseph Stiglitz
Tags: he, being, country, rich
Regulatory reform must move beyond limiting the damage that the financial sector can do and ensure that the sector genuinely serves society.
— Joseph Stiglitz
Tags: financial, beyond, must, society
View More by "Joseph Stiglitz"
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