Joseph Stiglitz
American New Keynesian economist and Nobel laureate
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Stiglitz in 2001, and the American Economic Association awarded him the John Bates Clark Medal in 1979.[1] Stiglitz previously held the positions of senior vice president and chief economist at the World Bank, and also served as both a member and the chairman of the U.S. Council of Economic Advisers.[1][2]
Quick Facts
- Office
- Chief Economist of the World Bank
- President
- James Wolfensohn
- Took office
- February 1997
- Left office
- February 2000
- Predecessor
- Michael Bruno
- Successor
- Nicholas Stern
- Birth name
- Joseph Eugene Stiglitz
- Born
- 9 February 1943
Facts from the source article.
Life and work
Stiglitz was born in Gary, Indiana into a Jewish family.[3] His mother was a teacher and his father was an insurance salesman.[4] Stiglitz described MIT economics as "simple and concrete models, directed at answering important and relevant questions."[5] He held academic positions at Yale, Stanford, Oxford, and Princeton before joining Columbia in 2001.[6]
Stiglitz attended Amherst College and later pursued graduate work at the Massachusetts Institute of Technology, where he studied for his PhD from 1966 to 1967.[4] The Initiative for Policy Dialogue, a think tank based at Columbia University focusing on international development, was established by Stiglitz in 2000.[7] Miguel d'Escoto Brockmann, the President of the United Nations General Assembly, appointed Stiglitz in 2009 to chair the U.N. Commission on Reforms of the International Monetary and Financial System.[7] Time magazine included Stiglitz in its list of the 100 most influential people globally for the year 2011.[8]
Stiglitz's work on information asymmetry, specifically his contributions to screening techniques, led to him sharing the 2001 Nobel Memorial Prize in Economics with George A. Akerlof and A. Michael Spence.[9]
What the cited sources add
He argued that the euro system prevents Germany's exchange rate from increasing relative to other eurozone members.[10] Stiglitz cited John Maynard Keynes that surplus countries exert a "negative externality" on trading partners.[10]
References
- Wikipedia, "Joseph Stiglitz" (CC BY-SA 4.0), which cites: "Joseph E. Stiglitz, Biographical. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001", NobelPrize.org, 2002; "Joseph Stiglitz, Clark Medalist 1979", American Economic Association, 2021 (we also read that source) en.wikipedia.org
- Wikipedia, "Joseph Stiglitz" (CC BY-SA 4.0), which cites: "Former Chief Economists", worldbank.org; "Former Members of the Council", whitehouse.gov; Gochenour, Zachary, and Bryan Caplan. "An entrepreneurial critique of Georgism." The Review of Austrian Economics 26.4 (2013): 483–491.; Orszag, "To Fight Inequality, Tax Land", Bloomberg View, March 3, 2015; Lucas, "Land-value tax: Why Henry George had a point", The Economist (original not read by us) en.wikipedia.org
- Wikipedia, "Joseph Stiglitz" (CC BY-SA 4.0), which cites: Kern, "Interview with Professor Joseph Stiglitz", Columbia Business School, 18 September 2003; "Stiglitz's tweet about his heritage", Twitter (original not read by us) en.wikipedia.org
- Wikipedia, "Joseph Stiglitz" (CC BY-SA 4.0), which cites: Publications, "International Who's who of Authors and Writers", Routledge, 2008; "Stiglitz, Joseph E. 1943– (Joseph Eugene Stiglitz)", encyclopedia.com; "Eight to receive honorary degrees", Harvard Gazette, 2014-05-29; "Eight to receive honorary degrees", Harvard Gazette, 2014-05-29; Aoki, "Transboundary Game of Life: Memoir of Masahiko Aoki", Springer, 2018, p. 59; Bowmaker, "When the President Calls: Conversations with Economic Policymakers", MIT Press, 2019; "Joseph E. Stiglitz, Biographical. The Sveriges Riksbank Prize in Economic S en.wikipedia.org
- "Joseph E. Stiglitz, Biographical. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001", NobelPrize.org, 2002. facts only, no text reused. nobelprize.org
- Wikipedia, "Joseph Stiglitz" (CC BY-SA 4.0), which cites: Bowmaker, "When the President Calls: Conversations with Economic Policymakers", MIT Press, 2019; "A shilling in the meter and a penny for your thoughts ... An Interview with Professor Joseph E Stiglitz", Optima, 2005; Stiglitz, "CV", Columbia University; Uchitelle, "Columbia University Hires Star Economist", The New York Times, 2001-07-21 (we also read that source) en.wikipedia.org
- Wikipedia, "Joseph Stiglitz" (CC BY-SA 4.0), which cites: "The Commission of Experts of the President of the UN General Assembly on Reforms of the International Monetary and Financial System", un.org; Stiglitz, "Mismeasuring Our Lives: Why GDP Doesn't Add Up", The New Press, 2010 (we also read that source) en.wikipedia.org
- Wikipedia, "Joseph Stiglitz" (CC BY-SA 4.0), which cites: Brown, "The 2011 TIME 100", Time, April 21, 2011 (original not read by us) en.wikipedia.org
- Wikipedia, "Joseph Stiglitz" (CC BY-SA 4.0), which cites: "Joseph E. Stiglitz, Biographical. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001", NobelPrize.org, 2002 (we also read that source) en.wikipedia.org
- Stiglitz, "Reform the euro or bin it – Joseph Stiglitz", The Guardian, 5 May 2010. facts only, no text reused. theguardian.com
Each numbered sentence above was checked against the source it cites before publication. Sentences citing Wikipedia adapt text from the English Wikipedia article Joseph Stiglitz (contributors), used under CC BY-SA 4.0; this entry is available under the same licence. Other sources were used for facts only; no text or images are copied from them.
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