"I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure."

--

Source : Source: www.businessinsider.com

Joseph Stiglitz

#Decision Quotes #Levels Quotes #Regulation Quotes

“Mysteries abound where most we seek for answers.”
“Despite some struggles of our own, Americas business and economic system remains the envy of much of the world.”
“There is not a liberal America and a conservative America - there is the United States of America. There is not a black America and a white America and latino America and asian America - there's the United States of America.”
“Hiphop has remained in an infantile stage and has not been allowed to grow.”
“Given that you're meeting a sloth, that feeling is generally joy, excitement, warmth, and love. What do those feelings smell like, you ask? Like laundry, watermelon rind, the top of a baby's head, boiling water, and fresh cut grass all mixed together.”

Source : Source: www.buzzfeed.com
“I think that's in my case everything I do takes so long because I don't have one direction. I'm just doing what I feel at the moment. It would probably be good, though, to have some direction.”
“Ski. Sled. Play basketball. Jog. Run. Run. Run. Run home. Run home and enjoy. Enjoy. Take these verbs and enjoy them. They're yours, Craig. You deserve them because you chose them. You could have left them all behind but you chose to stay here. So now live for real, Craig. Live. Live. Live. Live. Live.”
“We're losing a ritual. We're losing a ritual that I believe is transformative, transcendent, and is at the heart of the patient-physician relationship.”

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