Ocupation: Economist
Life: b. February 9, 1943
Birthday: February 9
I've always been sceptical about the notion that the market is a person you can engage in an argument with, and that that person is an intelligent, rational, well-intentioned person: it is fantasy. We know that ... the market is subject to irrational optimism and pessimism, and is vindictive ... You're dealing with a crazy man ... Having got what he wants he will still kill you.
source: "The Money Man: Super-economist Joseph Stiglitz on how to fix the recession". Interview with Sean O'Grady, www.independent.co.uk. February 9, 2010.
topic: Business, Crazy, Intelligent, Crazy Man, Optimism And Pessimism, Vindictive