Joseph Stiglitz

Economist Joseph Stiglitz

Profession: Economist

United States of America

Biography: Joseph Steiglitz won the 2001 Nobel Prize in Economics. He and few economists George A. Akerlof and A. Michael Spence showed that asymmetric information can provide the key to understanding many observed market phenomena, including unemployment and credit rationing.

Stiglitz has served as an economic advisor to US Presidents Bill Clinton and Barack Obama. At the World Bank Stiglitz has served both as senior vice-president and chief economist (1997-2000).

In 2008 the President of the United Nations General Assembly asked him to chair a commission into the economic crisis which resulted in the Stiglitz Report.

Born: February 9, 1943
Birthplace: Gary, Indiana, USA
Age: 79 years old

Generation: Silent Generation
Chinese Zodiac: Goat/Sheep
Star Sign: Aquarius

Married Life

  • 2004-10-28 Economist Joseph Stiglitz (61) weds professor Anya Schiffrin (41) at the Municipal Building in New York

Historical Events

  • 1997-02-13 Joseph Stiglitz becomes Chief Economist of the World Bank
  • 2001-12-10 Nobel Prize for Economics awarded jointly to Joseph Stiglitz, George A. Akerlof and A. Michael Spence "for their analyses of markets with asymmetric information"

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