But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs.
Joseph Stiglitz
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In debate, one randomly was assigned to one side or the other. This had at least one virtue - it made one see that there was more than one side to these complex issues.
- Joseph Stiglitz -
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Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist.
- Joseph Stiglitz