Joseph E. Stiglitz

in Gary, Indiana, The United States
February 09, 1943



Joseph Eugene Stiglitz, ForMemRS, FBA, is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is also the former Senior Vice President and Chief Economist of the World Bank. He is known for his critical view of the management of globalization, free-market economists (whom he calls "free market fundamentalists") and some international institutions like the International Monetary Fund and the World Bank.

In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. Since 2001, he has been a member of the Columbia faculty, and has held the rank

Joseph E. Stiglitz isn't a Goodreads Author (yet), but he does have a blog, so here are some recent posts imported from his feed.

World must combat looming debt meltdown in developing countries | Joseph Stiglitz

If international community wants to avoid wave of Covid-19 defaults it needs to start rescue plan

As it spread from one country to another, the coronavirus paid no attention to national frontiers or “big, beautiful” border walls. Nor were the ensuing economic effects contained. As has been obvious since the outset, the Covid-19 pandemic is a global problem that demands a global solution.

In the wor

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Published on April 06, 2020 23:00
Average rating: 3.94 · 28,542 ratings · 2,050 reviews · 179 distinct worksSimilar authors
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The Roaring Nineties: A New...

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The Three Trillion Dollar W...

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Mismeasuring Our Lives: Why...

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“Rather than justice for all, we are evolving into a system of justice for those who can afford it. We have banks that are not only too big to fail, but too big to be held accountable.”
Joseph E. Stiglitz

“Development is about transforming the lives of people, not just transforming economies.”
Joseph E. Stiglitz, Making Globalization Work

“There are two visions of America a half century from now. One is of a society more divided between the haves and the have-nots, a country in which the rich live in gated communities, send their children to expensive schools, and have access to first-rate medical care. Meanwhile, the rest live in a world marked by insecurity, at best mediocre education, and in effect rationed health care―they hope and pray they don't get seriously sick. At the bottom are millions of young people alienated and without hope. I have seen that picture in many developing countries; economists have given it a name, a dual economy, two societies living side by side, but hardly knowing each other, hardly imagining what life is like for the other. Whether we will fall to the depths of some countries, where the gates grow higher and the societies split farther and farther apart, I do not know. It is, however, the nightmare towards which we are slowly marching.”
Joseph E. Stiglitz, The Price of Inequality: How Today's Divided Society Endangers Our Future



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