Professor Joseph Stiglitz
Professor Stiglitz is a distinguished economist who has made major contributions to the fields of macroeconomics and monetary theory, to development economics and trade theory, and to the theories of welfare economics and wealth distribution. Professor Stiglitz helped create the brand of economics, ‘the economics of information’, which explores the consequences of information asymmetries and pioneered pivotal concepts such as adverse selection and moral hazard. For his work, Stiglitz was awarded the 2001 Nobel Memorial Prize in Economic Sciences and was named by Time magazine as one of the 100 most influential people in the world in 2011.
Professor Stiglitz 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.
Professor Stiglitz is the author of numerous books and several bestsellers. Recent titles include: Rewriting the Rules of the European Economy: An Agenda for Growth and Shared Prosperity and Measuring What Counts: The Global Movement for Well-Being.