Joseph Stiglitz

Joseph Stiglitz is a Nobel prize-winning economist. He is a University Professor at Columbia University in New York, where he is also the founder and co-president of the university's Initiative for Policy Dialogue. Stiglitz is also the Chief Economist of the Roosevelt Institute. A graduate of Amherst College, he received his PhD from MIT in 1967, became a full professor at Yale University 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 was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000. In 2011, TIME named Stiglitz one of the 100 most influential people in the world. He has made major contributions to macroeconomics and monetary theory, to development economics and corporate finance, to the theories of industrial organization and rural organization.