Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Ա. 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 a former member and chairman of the (US president’s) Council of Economic Advisers. In 2000, Stiglitz founded the Initiative for Policy Dialogue, 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. In 2011 Stiglitz was named by Time magazine as one of the 100 most influential people in the world. Known for his pioneering work on asymmetric information, Stiglitz’s work focuses on income distribution, risk, corporate governance, public policy, macroeconomics and globalization. He is the author of numerous books, and several bestsellers. His most recent titles are People, Power, and Profits, Rewriting the Rules of the European Economy, Globalization and Its Discontents Revisited, The Euro and Rewriting the Rules of the American Economy.
Joe Stiglitz
- Leader of INET Taskforce in Macroeconomic Efficiency and Stability: Networks and Externalities
- Leader of Commission on Global Economic Transformation
- Member of Commission on Global Economic Transformation
By this expert
Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few
Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development
Artificial Intelligence, Globalization, and Strategies for Economic Development
Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development
Patents vs. the Pandemic
With the COVID-19 death toll rising, we should question the wisdom and morality of an IP system that silently condemns millions of human beings to suffering and death every year.
The Roots of Argentina’s Surprise Crisis
A change in macroeconomic policies will not be sufficient to set Argentina on a path of inclusive and sustained economic development. But, as last month’s currency scare showed, abandoning the approach adopted by President Mauricio Macri’s administration at the end of 2015 is a necessary step.
Featuring this expert
Rob Johnson and other commissioners sign a public letter on the importance of coming together to fight climate change
“Overcoming the COVID-19 crisis and ensuring a rapid and equitable economic recovery are only two of the challenges we must meet in 2021. This year will also be a crucial one for achieving the goal of net-zero carbon dioxide emissions by mid-century.” — Project Syndicate
INET at the Trento Economics Festival The Return of the State: Businesses, Communities, Institutions
Watch INET at the Trento Economics Festival online
Joseph Stiglitz and Anton Korinek’s INET-funded research is cited in the NY Times
“In their December 2017 paper, “Artificial intelligence, worker-replacing technological progress and income distribution,” the economists Anton Korinek, of the University of Virginia, and Joseph E. Stiglitz, of Columbia — describe the potential of artificial intelligence to create a high-tech dystopian future. Korinek and Stiglitz argue that without radical reform of tax and redistribution politics, a “Malthusian destiny” of widespread technological unemployment and poverty may ensue.” — Thomas B. Edsall, New York Times
The NY Times cites INET’s report from the Commission on Global Economic Transformation
“Yet notable critics like Joseph Stiglitz and Jayati Ghosh, an economist at the University of Massachusetts Amherst, see woefully insufficient production by Western drug companies as a major roadblock to universal vaccination.” — Walden Bello, New York Times