Joseph E. Stiglitz, Economic Adviser

Joseph Eugene Stiglitz is an American economist, public policy analyst, 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 a former senior vice president and chief economist of the World Bank and is a former member and chairman of the (US president's) Council of Economic Advisers.  

He is known for his support of Georgistpublic finance theory and for his critical view of the management of globalization, of laissez-faire economists (whom he calls "free market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank.


 

Joseph Eugene Stiglitz Quotes:

The reason that the invisible hand often seems invisible is that it is often not there.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

Economists often like startling theorems, results which seem to run counter to conventional wisdom.