Source: Economics after the crisis : objectives and means (2012), Ch. 2 : Financial Markets: Efficiency, Stability, and Income Distribution
“If stability and efficiency required that there existed markets that extended infinitely far into the future — and these markets clearly did not exist — what assurance do we have of the stability and efficiency of the capitalist system?”
Autobiographical Essay (2001)
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Joseph E. Stiglitz39
American economist and professor, born 1943. 1943Related quotes
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