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Joseph Stiglitz

Joseph Stiglitz
Joseph E. Stiglitz - cropped.jpg
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
(1943-02-09) February 9, 1943 (age 74)
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.


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