A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking.

The diminishing economic role of the United States in the global economy means that global political power will also become more dispersed. The world will become multipolar. By clumsily re-asserting a wish for U.S. dominance, Donald Trump is accelerating the opposite.

Having excessive power in the hands of one country meant the fate of the world was too dependent on what happened in that one country.

Joseph Stiglitz Quotes