I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.
-- Joseph E. Stiglitz
   
Joseph E. Stiglitz   Name:
Joseph E. Stiglitz
Type:
Economist
Nationality:
American
Birth:
February 9, 1943
https://www.nutquote.com/quote/Joseph_E._Stiglitz