Joseph Stiglitz
Executive Director
Initiative for Policy Dialogue
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Uris Hall, Room 814 Columbia University, 3022 Broadway New York, NY 10027 UNITED STATES |
Joseph E. Stiglitz was born in Gary, Indiana in 1943. A graduate of Amherst College, he received his Ph.D. from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the John Bates Clark Award, given biennially by the American Economic Association to the economist under 40 who has made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and was the Drummond Professor and a fellow of All Souls College, Oxford. He is now University Professor at Columbia University in New York. In 2001, he was awarded the Nobel Prize in economics.
He was a member of the Council of Economic Advisors from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000.
Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but of policy analysts. He has made major contributions to macro-economics and monetary theory, to development economics and trade theory, to public and corporate finance, to the theories of industrial organization and rural organization, and to the theories of welfare economics and of income and wealth distribution. In the 1980s, he helped revive interest in the economics of R&D.
His work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance.
Recognized around the world as a leading economic educator, he has written textbooks that have been translated into more than a dozen languages. He founded one of the leading economics journals, The Journal of Economic Perspectives. He has recently come out with a new book, The Roaring Nineties (W. W. Norton). His book Globalization and Its Discontents (W. W. Norton June 2001) has been translated into 28 languages and is an international bestseller.
Focus: Development, Economy, Finance, Trade
Link: http://www-1.gsb.columbia.edu/faculty/jstiglitz/ind...
Related Resources:
- A New Development Bank for Infrastructure and Sustainability (Commentary)
- Resources: From Curse to Blessing (Innovations)
- After Austerity (Commentary)
- The Globalization of Protest (Commentary)
- The Mauritius Miracle (Commentary)
- Too Big to Exist (Commentary)
- Reform of the International Monetary and Financial System (Videos)
- Borlaug and the Bankers (Briefings)
- GDP Fetishism (Innovations)
- Commission on the Measurement of Economic Performance and Social Progress (Innovations)
- UN Leads on Global Reserve System Reform (Commentary)
- Developing Countries and the Global Crisis (Commentary)
- How to Fail to Recover (Commentary)
- Davos Man's Depression (Commentary)
- The Triumphant Return of John Maynard Keynes (Commentary)
- Globalization: What's New? (Audio)
- America's Day of Reckoning (Commentary)
- Prizes, Not Patents (Commentary)
- Making Globalization Work (Audio)
- Fair Trade for All: How Trade Can Promote Development (Audio)
- Joseph Stiglitz Interviewed by Jere Van Dyk (Audio)
- Joseph Stiglitz Interviewed by Jere Van Dyk (Videos)
- Fair Trade for All: How Trade Can Promote Development (Videos)
- Ethics, Economic Advice, and Economic Policy (Policy Library)
- The Post Washington Consensus Consensus (Policy Library)
- The Future of Global Governance (Policy Library)
- The Development Round of Trade Negotiations In The Aftermath of Cancun (Policy Library)
Language Fluency:
EnglishLast Updated: Aug 17, 2007
