“There was an incongruity between many of the models that we were taught and the policy positions that our teachers (and we) believed in. The models seemed more consonant with free market prescriptions, though they were presented more as benchmarks rather than full characterizations.”

Autobiographical Essay (2001)

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Joseph E. Stiglitz 39
American economist and professor, born 1943. 1943

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“There are models of development that already exist in developing countries that actually are much more sustainable than the model of free markets that we have been trying to export.”

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How free is the market http://fora.tv/2010/01/06/Raj_Patel_The_Value_of_Nothing#Raj_Patel_How_Free_Is_the_Free_Market FORA.tv
Context: We are all familiar with the idea: Give a man a fish and you'll feed him for a day, but teach a man to fish and you'll feed him for a lifetime. That sounds reasonable enough. … But think of the model that rests on. It constructs people in developing countries that sort of people sitting by the rivers and eating fish and then they look at the river and said: "- So what's that? - It looks like a fish. - Well, how do we get it out? - Well I have no idea, we would have to wait for white man to come and tell us." It's important to remember that actually there are systems of governance that already exist. There are models of development that already exist in developing countries that actually are much more sustainable than the model of free markets that we have been trying to export.

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“They [free market policies] were never based on solid empirical and theoretical foundations, and even as many of these policies were being pushed, academic economists were explaining the limitations of markets — for instance, whenever information is imperfect, which is to say always.”

Joseph E. Stiglitz (1943) American economist and professor, born 1943.

"Bleakonomics" http://www.nytimes.com/2007/09/30/books/review/Stiglitz-t.html?_r=2&adxnnl=1&oref=slogin&ref=books&adxnnlx=1191080508-xgqHp+i170M7vW5X5Q4Yeg&oref=slogin The New York Times Sunday Book Review (2007-09-30).

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“I could be a much better role model by sharing more openly with him my shadow side, my faults, my mistakes, asking him to be my teacher rather than being his.”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

Source: Father and Child Reunion (2001), p. 120.

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