There is a growing consensus that the European systems have worked better than the American: They have been able to deliver better health care to more people at lower cost.
Joseph StiglitzTrump is particularly unfit to serve because he approaches these without any view of what the truth is, and he approaches these with an enormous amount of prejudice. You cannot begin saying we want to solve the problem when you have a mindset that is against the Mexicans, against Islamists.
Joseph StiglitzAny society has to delegate the responsibility to maintain a certain kind of order. Enforcing regulations, making sure people stop at stoplights. We canโt function as a society without rules and regulations, and the enforcement mechanism of those rules and regulations.
Joseph StiglitzFor instance, one of the costs of the war is that soldiers today get very seriously injured but stay alive, and we can keep them alive but at an enormous price.
Joseph StiglitzYou can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.
Joseph StiglitzThe decision-making process in the White House does not let most issues get up to the President. The Council thought opening up global markets to derivatives that would destabilize other countries wasn't likely to create a lot of jobs in the U.S. and might adversely affect U.S. interests by causing global economic instability.
Joseph Stiglitz