Joseph Stiglitz
Co-President

Joseph E. Stiglitz is University Professor at Columbia University, teaching in its Economics Department, its Business School, and its School of International and Public Affairs and Chairman of its Committee on Global Thought. He chaired the UN Commission of Experts on Reforms of the International Monetary and Financial System, created in the aftermath of the financial crisis by the President of the General Assembly. He is former Chief Economist and Senior Vice-President of the World Bank and Chairman of President Clinton’s Council of Economic Advisors. He was awarded the Nobel Memorial Prize in Economics in 2001.
Expertise Areas: Development Economics, Monetary Theory, International Finance, Economics of Information
Books
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The Quality of Growth in Africa
09/17/19 Book
Joseph Stiglitz (Editor), Akbar Noman (Editor), Ravi Kanbur (Editor)
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People, Power, and Profits
05/17/19 Book
Joseph Stiglitz
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Now available: "Rewriting The Rules of the European Economy"
04/03/19 Book
Joseph Stiglitz
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Toward a Just Society
09/11/18 Book
Martin Guzman (Editor)
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The Welfare State Revisited
05/22/18 Book
José Antonio Ocampo (Editor), Joseph Stiglitz (Editor)
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Globalization and Its Discontents Revisited
12/01/17 Book
Joseph Stiglitz
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The Euro
07/26/16 Book
Joseph Stiglitz
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Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth
07/18/16 Book
Mariana Mazzucato, Stephany Griffith-Jones, Carlota Perez, Giovanni Cozzi, Joseph Stiglitz
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Too Little, Too Late
05/04/16 Book
Joseph Stiglitz, José Antonio Ocampo, Martin Guzman
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Rewriting the Rules of the American Economy
12/11/15 Book
Joseph Stiglitz
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Policy Briefs
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Support memorandum to the New York Taxpayer and International Crises Protection Act (Hoylman-Sigal/Fahy bill)
05/23/23 Policy Brief #1
Joseph Stiglitz, Martin Guzman, José Antonio Ocampo
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Understanding the Consequences of IMF Surcharges: The Need for Reform
10/11/21 Policy Brief #23
Joseph Stiglitz, Kevin Gallagher
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Why TPP Is a Bad Deal for America and American Workers
11/09/17 Policy Brief #22
Joseph Stiglitz
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The High Health Costs of TPP’s “Free Trade”
11/09/17 Policy Brief #21
Joseph Stiglitz
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Will TPP Help to Curb China’s Rise?
11/09/17 Policy Brief #20
Joseph Stiglitz
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TPP’s Hidden Climate Costs
11/09/17 Policy Brief #19
Joseph Stiglitz
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Who Gets to Write and Interpret the Rules Under TPP?
11/09/17 Policy Brief #18
Joseph Stiglitz
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Beware of TPP’s Investor–State Dispute Settlement Provision
11/09/17 Policy Brief #17
Joseph Stiglitz
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Report of the High-Level Commission on Carbon Prices
07/12/17 Policy Brief #16
Harald Winkler, P.R. Shukla, Elisabeth Moyer, Mari Pangestu, Adele Morris, Geoffrey Heal, Gaël Giraud, Emilio Lèbre la Rovere, Youba Sokona, Nicholas Stern, Joseph Stiglitz, Maosheng Duan, Ottmar Edenhofer
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Identifying and Resolving Inter-Creditor and Debtor-Creditor Equity Issues in Sovereign Debt Restructuring
08/03/16 Policy Brief #15
Martin Guzman, Domenico Lombardi, Joseph Stiglitz, Skylar Brooks
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Articles / Op-Eds
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WTO Cannot Continue as Barrier to COVID-19 Medicines | Opinion
06/14/22 Article / Op-Ed in Newsweek
Joseph Stiglitz, Lori Wallach
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The Economy We Need
06/11/19 Article / Op-Ed in Project Syndicate
Joseph Stiglitz
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A ‘democratic socialist’ agenda is appealing. No wonder Trump attacks it.
06/11/19 Article / Op-Ed in The Washington Post
Joseph Stiglitz
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Democracy at risk
06/11/19 Article / Op-Ed in The Boston Globe
Joseph Stiglitz
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After Neoliberalism
06/11/19 Article / Op-Ed in Project Syndicate
Joseph Stiglitz
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The climate crisis is our third world war. It needs a bold response
06/11/19 Article / Op-Ed in The Guardian
Joseph Stiglitz
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Opinion: Progressive Capitalism Is Not an Oxymoron
04/25/19 Article / Op-Ed in New York Times
Joseph Stiglitz
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Joseph Stiglitz: Corporate greed is accelerating climate change. But we can still head off disaster
04/25/19 Article / Op-Ed in CNN
Joseph Stiglitz
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A Rule of Law for Sovereign Debt
12/01/17 Article / Op-Ed in Social Europe Website
Joseph Stiglitz, Martin Guzman
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How Hedge Funds Held Argentina for Ransom
04/04/16 Article / Op-Ed in New York Times
Joseph Stiglitz, Martin Guzman
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Network Papers
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Understanding the consequences of IMF surcharges: the need for reform
09/09/22 Network Paper
Joseph Stiglitz, Kevin Gallagher
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IMF surcharges: A lose-lose policy for global recovery
04/01/22 Network Paper
Joseph Stiglitz, Kevin Gallagher
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What Yellen Must Do
12/07/21 Network Paper
Joseph Stiglitz
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Fostering More-Competitive Labor Markets
10/25/21 Network Paper
Joseph Stiglitz
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From Manufacturing-Led Export Growth to a Twenty-First Century Inclusive Growth Strategy
10/25/21 Network Paper
Joseph Stiglitz
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Towards a dynamic disequilibrium theory with randomness
02/02/21 Network Paper
Joseph Stiglitz
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The Social Cost of Carbon, Risk, Distribution, Market Failures: An Alternative Approach
02/01/21 Network Paper
Joseph Stiglitz, Nicholas Stern
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How Biden Can Restore Multilateralism Unilaterally
12/31/20 Network Paper
Joseph Stiglitz
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Recovering from the Pandemic: An Appraisal of Lessons Learned
11/02/20 Network Paper
Joseph Stiglitz
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The Economy of Tomorrow: Recovering and Restructuring after COVID-19
10/28/20 Network Paper
Joseph Stiglitz
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Working Papers
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NBER WORKING PAPER SERIES
07/19/18 Working Paper #315
Joseph Stiglitz, Andrew Kosenko, Jungyoll Yun
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IMF Working Paper
07/19/18 Working Paper #314
Sanjay Peters, Rabah Arezki, Frédéric Samama, Patrick Bolton, Joseph Stiglitz
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The Overselling of Globlization
07/12/18 Working Paper #313
Joseph Stiglitz
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The Welfare State in The Twenty-First Century
07/12/18 Working Paper #312
Joseph Stiglitz
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Sovereign Debt: Notes on Theoretical Frameworks and Policy Analyses
08/03/16 Working Paper #301
Joseph Stiglitz
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Real Exchange Rate Policy for Economic Development
07/26/16 Working Paper #300
José Antonio Ocampo, Martin Guzman, Joseph Stiglitz
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Industrial Policy, Learning, and Development
02/10/16 Working Paper #298
Joseph Stiglitz
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A Modest Proposal for the G20
04/15/11 Working Paper #255
Jean-Paul Fitoussi, Haihong Gao, Yiping Huang, Jing Li, YV Reddy, Ulrich Volz, Robert Wade, Benhua Wei, Wing Thye Woo, John Williamson, Geng Xiao, Yongding Yu, Stephany Griffith-Jones, Peter Kenen, Joseph Stiglitz, José Antonio Ocampo, Liqing Zhang
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Medicine for tomorrow
08/11/10 Working Paper #252
Arjun Jayadev, Joseph Stiglitz
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Towards Basel III? Regulating the Banking Sector After the Crisis
01/21/10 Working Paper #243
Joseph Stiglitz
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Journal Articles
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Real exchange rate policies for economic development
07/19/18 World Development Vol. 110 Issue The Study and Promotion of World Development
Martin Guzman, Joseph Stiglitz, José Antonio Ocampo
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J-nomics and a New Policy Agenda in Korea
07/12/18 KIET Monthly Industrial Economics Vol. 236 Issue N/A
Joseph Stiglitz
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Overcoming the Copenhagen Failure with Flexible Commitments
12/01/17 Economics of Energy & Environmental Policy Vol. 4 Issue 2
Joseph Stiglitz
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Group Lending, Joint Liability, and Social Capital: Insights From the Indian Microfinance Crisis
12/13/16 Politics & Society Vol. 44 Issue 4
Joseph Stiglitz, Antara Haldar
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Towards A New Global Reserve System
12/28/10 Journal of Globalization & Development Vol. 1 Issue 2
Joseph Stiglitz, Bruce Greenwald
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Contagion, Liberalization, and the Optimal Structure of Globalization
12/28/10 Journal of Globalization & Development Vol. 1 Issue 2
Joseph Stiglitz
Joseph E. Stiglitz is a professor of finance and business at Columbia University, and chair of the University's Committee on Global Thought. In 2001, he was awarded the Nobel Prize in economics for his analyses of markets with asymmetric information, and he was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize.
Stiglitz was a member of the Council of Economic Advisers from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000. In 2008 he was asked by the French President Nicolas Sarkozy to chair the Commission on the Measurement of Economic Performance and Social Progress, which released its final report in September 2009. In 2009 he was appointed by the President of the United Nations General Assembly as chair of the Commission of Experts on Reform of the International Financial and Monetary System, which also released its report in September 2009. Stiglitz holds a part-time appointment at the University of Manchester as Chair of the Management Board and Director of Graduate Summer Programs at the Brooks World Poverty Institute. He serves on numerous other boards, including Amherst College's Board of Trustees and Resources for the Future. Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but of policy analysts. He has made major contributions to macro-economics and monetary theory, to development economics and trade theory, to public and corporate finance, to the theories of industrial organization and rural organization, and to the theories of welfare economics and of income and wealth distribution. In the 1980s, he helped revive interest in the economics of R&D. His work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance.
Recognized around the world as a leading economic educator, he has written textbooks that have been translated into more than a dozen languages. He founded one of the leading economics journals, The Journal of Economic Perspectives. His book Globalization and Its Discontents (W.W. Norton June 2001) has been translated into 35 languages, besides at least two pirated editions, and in the non-pirated editions has sold more than one million copies worldwide. Other recent books include The Roaring Nineties (W.W. Norton), Towards a New Paradigm in Monetary Economics (Cambridge University Press) with Bruce Greenwald, Fair Trade for All (Oxford University Press), with Andrew Charlton, and Making Globalization Work, (WW Norton and Penguin/ Allen Lane, September 2006). His most recent book, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, with Linda Bilmes of Harvard University, was published in March 2008 by WW Norton and Penguin/ Allen Lane. His newest book, Freefall: America, Free Markets, and the Sinking of the World Economy, was published in January 2010 by WW Norton and Penguin/ Allen Lane.
Stiglitz was born in Gary, Indiana in 1943. A graduate of Amherst College, he received his PHD from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the John Bates Clark Award, given biennially by the American Economic Association to the economist under 40 who has made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and was the Drummond Professor and a fellow of All Souls College, Oxford.
Current Positions
- University Professor, Columbia Business School, Department of Economics, School of International and Public Affairs, Columbia Business School, Department of Economics, School of International and Public Affairs
- Co-founder and Co-President, Initiative for Policy Dialogue, Initiative for Policy Dialogue
- Chair of the Management Board and Director of Graduate Summer Programs, Brooks World Poverty Institute, Brooks World Poverty Institute
- Chair, Committee on Global Thought, Committee on Global Thought
- Member, Advisory Committee on Emerging Regulatory Issues, Advisory Committee on Emerging Regulatory Issues
Past Positions
- Professor of Economics and Senior Fellow, Hoover Institution, Stanford University, 1988-2001
- Stern Visiting Professor, Columbia University, 2000
- Senior Vice President and Chief Economist, World Bank, 1997-2000
- Senior Fellow, Brookings Institution, 2000
- Chairman, Cabinet Member, Council of Economic Advisers, 1995-1997
- Member, Council of Economic Advisers, 1993-1995
- Research Associate, National Bureau of Economic Research
- Senior Fellow, Institute for Policy Reform
- Professor of Economics, Princeton University, 1979-1988
- Drummond Professor of Political Economy, Oxford University, 1976-1979
- Oskar Morgenstern Distinguished Fellow and Visiting Professor, Institute for Advanced Studies and Mathmatica, 1978-1979
- Professor of Economics, Stanford University, 1974-1976
- Visiting Fellow, St. Catherine's College, Oxford, 1973-1974
- Professor of Economics, Cowles Foundation and Department of Economics, Yale University, 1970-1974
- Senior Research Fellow, Social Science Division, Institute for Development Studies, University College, Nairobi (under Rockefeller Foundation Grant), 1969-1971
- Associate Professor, Cowles Foundation, Yale University, 1968-1970
- Assistant Professor, Cowles Foundation, Yale University, 1967-1968
- Visiting Professor, Department of Economics, University of Canterbury, Christchurch, New Zealand, June-August, 1967
- Assistant Professor of Economics, M.I.T., 1966-1967
Education
- B.A., Amherst College, 1964
- Ph.D. in Economics, M.I.T., 1966
Contact Information
Personal Website
http://www8.gsb.columbia.edu/fac... |
Related Website
http://cgt.columbia.edu/about/pe... |
Recent News
Argentina and the IMF Turn Away From Austerity April 1, 2022 |
Making the international corporate tax system work for all April 1, 2022 |
Avoiding a K-Shaped Global Recovery June 5, 2021 |
Top Economists Warn U.S. Against Underestimating Climate Damage February 15, 2021 |
Biden Goes Big February 2, 2021 |