Joseph Stiglitz | |
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Chief Economist of the World Bank | |
In office February 13, 1997 – February 2000 |
|
Preceded by | Michael Bruno |
Succeeded by | Nicholas Stern |
Chair of the Council of Economic Advisors | |
In office June 28, 1995 – February 13, 1997 |
|
President | Bill Clinton |
Preceded by | Laura Tyson |
Succeeded by | Janet Yellen |
Personal details | |
Born |
Joseph Eugene Stiglitz February 9, 1943 Gary, Indiana, U.S. |
Political party | Democratic |
Spouse(s) | Jane Hannaway (Divorced) Anya Schiffrin (2004–present) |
Education |
Amherst College (BA) Massachusetts Institute of Technology (MA, PhD) University of Chicago |
Academic career | |
Field | Macroeconomics, public economics, information economics |
School or tradition |
New Keynesian economics |
Doctoral advisor |
Robert Solow |
Influences | John Maynard Keynes, Robert Solow, James Mirrlees, Henry George |
Influenced | Paul Krugman, Jason Furman, Stephany Griffith-Jones, Huw Dixon, Ha-Joon Chang |
Contributions | |
Information at IDEAS / RePEc |
Joseph Eugene Stiglitz (born February 9, 1943) is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank and is a former member and chairman of the (US president's) Council of Economic Advisers. He is known for his support of Georgist public finance theory and for his critical view of the management of globalization, of laissez-faire economists (whom he calls "free market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank.
In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001, and received that university's highest academic rank (university professor) in 2003. He was the founding chair of the university's Committee on Global Thought. He also chairs the University of Manchester's Brooks World Poverty Institute. He is a member of the Pontifical Academy of Social Sciences. In 2009, the President of the United Nations General Assembly Miguel d'Escoto Brockmann, appointed Stiglitz as the chairman of the U.N. Commission on Reforms of the International Monetary and Financial System, where he oversaw suggested proposals and commissioned a report on reforming the international monetary and financial system. He served as chair of the international Commission on the Measurement of Economic Performance and Social Progress, appointed by President Sarkozy of France, which issued its report in 2010, Mismeasuring our Lives: Why GDP doesn't add up, and currently serves as co-chair of its successor, the High Level Expert Group on the Measurement of Economic Performance and Social Progress. From 2011 to 2014, Stiglitz was president of the International Economic Association (IEA). He presided over the organization of the IEA triennial world congress held near the Dead Sea in Jordan in June 2014.