Thursday, November 21, 2024 Text is available under the CC BY-SA 3.0 licence.

Joseph E. Stiglitz

« All quotes from this author
 

Growing up in Gary Indiana gave me, I think, a distinct advantage over many of my classmates who had grown up in affluent suburbs. They could read articles that argued that in competitive equilibrium, there could not be discrimination, so long as there are some non-discriminatory individuals or firms, since it would pay any such firm to hire the lower wage discriminated-against individuals, and take them seriously. I knew that discrimination existed, even though there were many individuals who were not prejudiced. To me, the theorem simply proved that one or more of the assumptions that went into the theory was wrong.

 
Joseph E. Stiglitz

» Joseph E. Stiglitz - all quotes »



Tags: Joseph E. Stiglitz Quotes, Authors starting by S


Similar quotes

 

A free society will abide unofficial, private discrimination, even when that means allowing hate-filled groups to exclude people based on the color of their skin. It is unenlightened and ill-informed to promote discrimination against individuals based on the color of their skin. It is likewise unwise to forget the distinction between public (taxpayer-financed) and private entities.

 
Rand Paul
 

[Apartheid law in South Africa] appears to be a clear and even extreme instance of that discrimination between different individuals which seems to me to be incompatible with the reign of liberty. The essence of what I said [in The Constitution of Liberty] was really the fact that the laws under which government can use coercion are equal for all responsible adult members of that society. Any kind of discrimination — be it on grounds of religion, political opinion, race, or whatever it is — seems to be incompatible with the idea of freedom under the law. Experience has shown that separate never is equal and cannot be equal.

 
Friedrich Hayek
 

One's worth and self-regard ought to come from individual competitive performance, not from group identity. Pride based on clan or tribal connections is atavistic. It appeals to people who fear they cannot succeed as individuals, and by diverting their energies it all but ensures they will not succeed as individuals.

 
William A. Henry III
 

Before the revolution I thought there are appropriate individuals who would do the job according to Islam, therefore I repeatedly said that clerics would go after their own job. Then I saw that most of them were inappropriate individuals and I found out that what I said was not true, so I came and clearly announced that I was wrong.

 
Ruhollah Khomeini
 

The worst mistake of first contact, made throughout history by individuals on both sides of every new encounter, has been the unfortunate habit of making assumptions. It often proved fatal.

 
David Brin
© 2009–2013Quotes Privacy Policy | Contact