Joseph Stiglitz

Prof. Joseph Stiglitz

Professor of Columbia University Graduate School of Business and Former World Bank Chief Economist

why book joseph?

  • Joseph created a new branch of economics, “The Economics of Information,” and contributed significantly to various economic fields, receiving the Nobel Prize
  • As a leading economic educator, he is a Professor at Columbia University Graduate School of Business, recognised in the global ranking of management gurus, Thinkers 50
  • He introduced pivotal concepts like adverse selection and moral hazard, now standard in economic theory and policy analysis, addressing information asymmetries in markets
Joseph Stiglitz

Biography

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.

Joseph Stiglitz Nobel Prize Laureate in Economic Sciences, Professor of Columbia University Graduate School of Business and Former World Bank Chief Economist.

Joseph Stiglitz is a leading economic educator and is the Chair of The Commission of Experts of the President of the UN General Assembly on Reforms of the International Monetary and Financial System. In 2009 Thinkers 50, the global ranking of management gurus, placed him among the list of most influential thinkers. He won the Nobel Prize for Economics in 2001. Before that President Clinton appointed him Chairman of the Council of Economic Advisers in 1995. A former Chief Economist to the World Bank, he is currently Economics Professor at Columbia University.

Joseph E. 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.

Joseph Stiglitz

He is now University Professor at Columbia University in New York and Chair of Columbia University’s Committee on Global Thought. He is also the co-founder and Executive Director of the Initiative for Policy Dialogue at Columbia.

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.

Topics

Making Globalisation Work

Based on his book by the same name, Joseph Stiglitz explores why globalisation is failing so many people and what must be done to create stable economies. This presentation specifically demonstrates the intersection between these key components: trade relationships, the gap between rich and poor, China/America, global warming and pollution, developing & emerging economies, and international governance/regulatory bodies.

The Fall: A Chronicle of the Financial Crisis

The current financial crisis didn’t start with the housing bubble—it started with policies enacted by previous Presidents, starting with Ronald Reagan all the way through to President George W. Bush. Stiglitz explores how free market financial policy and government regulation, or lack thereof, led to the 2007 financial crisis. This fast-paced presentation includes an overview of the current state of the economy and also what businesses and financial institutions can expect during economic recovery.

I Dissent: Unconventional Economic Wisdom

Joseph Stiglitz’ commentary on current United State economic policy and global financial news is controversial, provocative, and informative. It is also refreshingly direct. He provides audiences with solid context that can be used to add further dimensions to their work while gaining greater insight into the latest headlines.

Joseph Stiglitz

Masterclasses

You may want to go deeper with your audience. Masterclasses can be tailored and developed to suit your audience needs, be it a 90-minute Masterclass, a half-day or full-day workshop or a full online or face-to-face programme. Please contact one of our expert team to discuss.

Resources

Books

Recognised 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.

Book cover of People Power Profits by Joseph E. Stiglitz
Book cover of The Roaring Nineties by Joseph E. Stiglitz
Book cover ofThe Three Billion Dollar War by Joseph E. Stiglitz
Book cover of The Price of InEquality by Joseph E. Stiglitz
Book cover of Globalization Revisited by Joseph E. Stiglitz
Book cover of The Euro by Joseph E. Stiglitz