Joseph E. Stiglitz

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Joseph E. Stiglitz born February 9, 1943, Gary, Indiana, U.S., is an American economist who shared the The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001 (a.k.a imprecisely Nobel Prize for Economics) [1] in 2001 "for laying the foundations for the theory of markets with asymmetric information" with A. Michael Spence and George A. Akerlof.

Stiglitz studied at Amherst College (B.A., 1964) in Massachusetts and the Massachusetts Institute of Technology (Ph.D., 1967). The particular style of MIT economics suited him well - simple and concrete models, directed at answering important and relevant questions. [1] He was awarded a Fulbright fellowship to Cambridge for 1965-1966. Stiglitz taught at several universities, including Yale, Harvard, and Stanford. He was a member of President Bill Clinton's economic policy team; a member of the U.S. Council of Economic Advisers (1993–97), of which he became chairman in June 1995; and senior vice president and chief economist of the World Bank (1997–2000). In 2001 Stiglitz became professor of economics, business, and international affairs at Columbia University in New York.


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