Stiglitz, Joseph E.

Prof. Joseph E. Stiglitz is an American pioneer of “The Economics of Information”, which has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance.

He is currently University Professor at Columbia University, the winner of the 2001 Nobel Memorial Prize in Economics, and a lead author of the 1995 IPCC report, which shared the 2007 Nobel Peace Prize. He was chairman of the U.S. Council of Economic Advisors under President Clinton and chief economist and senior vice president of the World Bank for 1997-2000.

Stiglitz received the John Bates Clark Medal, awarded annually to the American economist under 40 who has made the most significant contribution to the subject. He was a Fulbright Scholar at Cambridge University, held the Drummond Professorship at All Souls College Oxford, and has also taught at M.I.T, Yale, Stanford, and Princeton. Stiglitz’s latest books are “The Great Divide” and “Creating a Learning Society”.