Joseph Stiglitz Quotes

A country outside the euro zone cannot have a veto over countries in the euro zone.

I don't think that the ECB should compensate for the lack of reforms in some countries... But it is clear that monetary policy can help countries and continents to rebound faster.

Europe is one thing. The euro is something else.

We have no intention of leaving the euro. In no way will we experiment with the future of our country.

The BBC is locked to the reading of the economy that is run out of Ed Miliband and Ed Balls' office. They think if only you spend and borrow more money you can create growth everywhere.

The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.

Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working.

Growth in any individual European country has to be the result of policies for growth pursued in that country consistent with budgetary discipline.

Instead of focusing on growing jobs and reigniting our economy, President Obama focused on growing government and tried to remake the United States into the image of the debt-laden countries of Europe. His approach has been more spending, more regulation, and higher taxes.

The euro area must not be treated as an 'opt out' from the European Union.

We will do everything to change what needs to be changed, fight against recession so that the country meets its targets, while reinforcing our country in the heart of the euro and the European Union.

The Euro was a terrible mistake, one that is very difficult to unmake.

It seems like cloud cuckoo land... If anyone is suggesting that I would go to Parliament and suggest the abolition of the pound sterling — no! ... We have made it quite clear that we will not have a single currency imposed on us.

We need to show that Europe is investing in growth and not only in rigor and austerity.

A national currency, with the Euro as a common currency - that wouldn't bother me.

I can understand countries don't want to join the euro, but they cannot impede the consolidation and strengthening of the eurozone.

Public confidence in, and support for, the euro - and, indeed, the European Union - will ultimately be determined by how well we deliver on growth and jobs rather than on institutional wrangling and complex legal or technical negotiations.

In my view, the key aim of economic policy in many countries, and particularly in Russia, should be the sort of policy that stimulates productivity growth because only on the basis of growth of labour productivity can we enjoy healthy growth.

For too long, our nation has relied on low interest rates rather than undertaking the necessary long term necessary economic reforms.

I think there are going to be more countries joining the euro.

We're going to cut corporate taxes, which will bring huge amounts of jobs back to the United States.

All Democrats for the last 30 years have tried to stimulate the economy by giving 'tax cuts' to people who don't pay taxes.

Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.

Today President Obama gave a major speech where he defended his handling of the economy. And there were tons of people in the audience, you know, since nobody had to be at work.