Joseph Stiglitz Quotes:
Ocupation: Economist
Life: b. February 9, 1943
Birthday: February 9
I think what they've been doing is largely almost in firefighting mode without a good conceptual framework - either at the micro or the macro level. Micro, you would ask: "What kind of financial or banking system do we want?" Macro, you would say: "What are the underlying problems in the structure of our economy?"
source: Interview with Amitabh Pal, www.sharedhost.progressive.org. May 27, 2011. 
topic: Thinking, Banking, Levels, Macro, Conceptual Framework, Firefighting
