Web Quotableonline.com Frasescelebres.org Greatbookscollection.org

Joseph Stiglitz (born February 9, 1943) is an
United States|American economist, author and
winner of  The Bank of Sweden Prize in Economic
Sciences in Memory of Alfred Nobel|Nobel Memorial
Prize in Economics (2001).  He is one of the most
famous contemporary economists and in addition to
scholarly work he has published a number of books
aimed at a general readership. He is best known
for his critical view of globalization and
international institutions like the International
Monetary Fund while holding the extremely
influential positions as Senior Vice President and
World Bank Chief Economist|Chief Economist of the
World Bank. 

==Early life==

Stiglitz was born in Gary, Indiana|Gary, Indiana,
to Charlotte and Nathaniel Stiglitz.  From 1960 to
1963, he studied at Amherst College, where he was
a highly active member of the debate team.  He
went to the Massachusetts Institute of Technology
(MIT) for his fourth year as an undergraduate,
where he later pursued graduate work. From 1965 to
1966, he studied at the University of Chicago
after receiving a Fulbright Fellowship. He studied
for his PhD from MIT from 1966 to 1967, during
which time he was also held an MIT assistant
professorship. From 1966 to 1970, he was a
research fellow at the University of Cambridge. In
subsequent years, he held professorships at Yale
University, Stanford University, and Princeton.
Stiglitz is currently a Professor at Columbia
University, with appointments at the Columbia
Business School|Business School and the School of
International and Public Affairs (SIPA), and is
editor of The Economists' Voice journal with J.
Bradford DeLong and Aaron Edlin.

In addition to making numerous influential
contributions to microeconomics, Stiglitz has
played a number of policy roles.  He served in the
Bill Clinton|Clinton Administration as the chair
of the President's Council of Economic Advisors
(1995 – 1997).  At the World Bank, he served
as Senior Vice President and Chief Economist (1997
– 2000), in the time when unprecedented
protest against international economic
organizations started, most prominently with the
Seattle, Washington|Seattle WTO meeting of 1999.
Stiglitz was forced out of the World Bank by
United States Secretary of the Treasury|Treasury
Secretary Lawrence Summers. In July 2000 Stiglitz
founded the Initiative for Policy Dialogue (IPD)
to help developing countries explore policy
alternatives, and enable wider civic participation
in economic policymaking.

Stiglitz' most famous research was on Screening
(economics) | screening, a technique used by one
economic agent to extract otherwise private
information from another.  It was for this
contribution to the theory of information
asymmetry|information asymmetries that he shared
the Nobel prize with George A. Akerlof and A.
Michael Spence.

Along with his technical economic publications,
Stiglitz is the author of Whither Socialism, a
non-mathematical book providing an introduction to
the theories behind economic socialism's failure
in Eastern Europe, the role of imperfect
information in markets, and misconceptions about
how truly "free market" the free market capitalist
system is. In 2002, he wrote Globalization and Its
Discontents, where he asserts that the
International Monetary Fund puts the interest of
"its largest shareholder," the United States,
above those of the poorer nations it was designed
to serve. Stiglitz offers some reasons why
globalization has engendered the hostility of
protesters, such as those at Seattle and Genoa. In
2003, Stiglitz published The Roaring Nineties, his
analysis of the boom and bust of the 1990s.

==Personal information==
Stiglitz's first two marriages ended in divorce. 
He was married for the third time on October 29,
2004, to Anya Schiffrin, who works at the School
of International and Public Affairs at Columbia
University.

== Publications ==
* Walsh, Carl & Stiglitz, Joseph (2002) Economics.
New York : W.W. Norton & Company.
* Walsh, Carl & Stiglitz, Joseph (2002)Principles
in Macroeconomics. New York : W.W. Norton &
Company.
* Stiglitz, Joseph (2002). Globalization and Its
Discontents W. W. Norton & Company ISBN 0393051242
* Greenwald, Bruce & Stiglitz, Joseph (2003).
Towards a New Paradigm in Monetary Politics.
Cambrididge: Cambridge University Press.
* Stiglitz, Joseph (2004).  The Roaring
Nineties|The Roaring Nineties. Why We're Paying
the Price for the Greediest Decade in History
Penguin ISBN 0141014318

expand list


==External links==
*
http://www-1.gsb.columbia.edu/faculty/jstiglitz/in
dex.cfm Joseph Stiglitz's homepage
* http://www.alternet.org/story/12652 Stiglitz
explains how the IMF destroys nations
*
http://www.imf.org/external/np/vc/2002/070202.htm
An Open Letter to Joseph Stiglitz, by Kenneth
Rogoff, Economic Counsellor and Director of the
Research Department, IMF
* http://www.bepress.com/ev The Economists' Voice
*
http://www.nobel.se/economics/laureates/2001/stigl
itz-autobio.html Autobiographical essay in
acceptance of the Bank of Sweden Prize in Economic
Sciences in Memory of Alfred Nobel
* Robert Wade,
http://sociology.berkeley.edu/faculty/evans/evans_
pdf/Wade.pdf US Hegemony and the World Bank:
Stiglitz's firing and Kanbur's resignation, New
Left Review
*http://www.project-syndicate.org/contributors/con
tributor_comm.php4?id=184 Joseph E. Stiglitz's
syndicated op/ed column
*http://www.public.iastate.edu/~tonys/Stiglitz.htm
l Critical review of Globalization and its
Discontents by Tony Smith 

start box
succession box |
  before=Nomen nescio|NN|
  title=World Bank Chief Economist|
  years=1997–2000 |
  after=Nicholas Stern

end box