Joseph E. Stiglitz

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	Joseph E. Stiglitz - Wikipedia, the free encyclopedia
		Joseph Stiglitz (born February 9, 1943) is an American economist, author and winner of the John Bates Clark Medal (1979) and Nobel Memorial Prize in Economics (2001).
		An Open Letter to Joseph Stiglitz, by Kenneth Rogoff, Economic Counsellor and Director of the Research Department, IMF
		Stiglitz was born in Gary, Indiana, to Charlotte and Nathaniel Stiglitz.
	en.wikipedia.org /wiki/Joseph_Stiglitz (611 words)

	Joseph Stiglitz - Social and Economic Policy - Global Policy Forum
		Joseph Stiglitz was chief economist of the IMF during the height of the Asian financial crisis.
		Joseph Stiglitz accused IMF former managing director Michel Camdessus of saying that for a people to recover economically, “they must suffer.” Camdessus virulently denies the allegation, arguing that countries in financial crisis require strict adjustments to stabilize their economies, but “suffering” should not be a requirement.
		Joseph Stiglitz presents a checklist to assess whether developed countries were sincere when they committed themselves to give up their trade interests for the sake of development.
	www.globalpolicy.org /socecon/bwi-wto/wbank/stigindx.htm (2462 words)

	Joseph Stiglitz
		Nobel laureate Joseph Stiglitz, professor of economics and finance at Columbia University Graduate School of Business and School of International and Public Affairs, will speak at Swarthmore College on Monday, Oct. 4, at 8:30 p.m.
		Nobel Laureate Joseph Stiglitz to Speak on "Economics and the Election"
		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.
	www.swarthmore.edu /news/releases/04/stiglitz.html (294 words)

	The New York Review of Books: Globalization: Stiglitz's Case
		Stiglitz has presented, as effectively as it is possible to imagine anyone making it, his side of the argument, including the substantive case for the kind of economic development policies he favors as well as his more specific indictment of what the IMF has done and why.
		Stiglitz also thinks it is no coincidence that food subsidies and other ways of cushioning the hardships suffered by the poor are among the first programs that the IMF tells countries to cut when they need to balance their budgets.
		Stiglitz charges that the IMF has reverted to Herbert Hoover's economics in imposing these policies on countries during deep recessions, when the deficit is mostly the result of an induced decline in revenues; he argues that cuts in spending or tax hikes only make the downturn worse.
	www.nybooks.com /articles/15630 (5620 words)

	Columbia News ::: Joseph Stiglitz Wins Nobel Prize for Economics: Third Economist to Win Prize in Six Years
		Columbia University Professor Joseph Stiglitz was awarded the Nobel Prize in Economics on Wednesday (10-10-01) by the Royal Swedish Academy of Sciences.
		Stiglitz commented on the tax cut advocated by the Bush Administration and passed by Congress earlier this year, saying that it was not intended to boost the economy, but, rather, to limit the federal government's discretionary spending.
		Stiglitz, who thanked the National Science Foundation for supporting much of his research and the research universities where he has conducted his scholarship, noted that the September terrorist attacks tempered the joy he felt about winning the prize.
	www.columbia.edu /cu/news/01/10/josephStiglitz_nobel_2001.html (962 words)

	Amherst College: News & Events: News Releases : Joseph E. Stiglitz
		Stiglitz, a 1964 graduate of Amherst, is the 2001 recipient of the Nobel prize in economic science.
		Stiglitz is a leading scholar of the economics of the public sector.
		Stiglitz served as chief economist and senior vice president, development economics, at the World Bank from 1997 until 2000.
	www.amherst.edu /~pubaff/news/news_releases/01/stiglitz.html (282 words)

	Stiglitz, the IMF and Globalization -- Speech by Thomas C. Dawson, Director, External Relations Department, IMF
		Stiglitz notes that Stanley Fischer, the former deputy head of the IMF and former MIT professor of economics, went straight from the IMF to Citigroup.
		Stiglitz surely knows that Fischer is regarded as a man of unimpeachable integrity and yet he cannot resist the jibe at him.
		Stiglitz tries to provide a grand theme for all this by claiming that all these mistakes are due to the IMF's slavish devotion to what he calls "market fundamentalism".
	www.imf.org /external/np/speeches/2002/061302.htm (3188 words)

	AlterNet: The Globalizer Who Came in from the Cold
		Stiglitz proposed radical land reform, an attack at the heart of "landlordism", on the usurious rents charged by the propertied oligarchies worldwide, typically 50 per cent of a tenant's crops.
		Instead of chairing the meetings of ministers and central bankers, Stiglitz was kept exiled safely behind the blue police cordons, the same as the nuns carrying a large wooden cross, the Bolivian union leaders, the parents of AIDS victims and the other "antiglobalization" protesters.
		Stiglitz's greatest concern is that World Bank plans, devised in secrecy and driven by an absolutist ideology, are never open for discourse or dissent.
	www.alternet.org /story.html?StoryID=12652 (1914 words)

	Rebel With a Cause
		Stiglitz has not prepared a speech--half an hour earlier, as we were talking over lunch, he had completely forgotten the event was today--but that is the least of his worries.
		Stiglitz's outspokenness, unprecedented for a high-ranking insider, infuriated top officials at the IMF and US Treasury Department, and eventually led James Wolfensohn, the World Bank's president, to inform him that he would have to mute his criticism or resign.
		Such claims are no longer credible, for Stiglitz is part of a small but growing group of economists, sociologists and political scientists, among them Dani Rodrik of Harvard and Robert Wade of the London School of Economics, who not only take the critics seriously but warn that ignoring their concerns could have dire consequences.
	www.thenation.com /doc/20020610/press (1092 words)

	Salon Feature Silencing Joseph Stiglitz
		When Stiglitz announced last year that he was leaving the bank and returning to academic life, there were rumors that he was pushed out because he was too outspoken.
		Stiglitz is encouraged that world attention is now focused on the previously obscure decisions of the bank and IMF.
		Stiglitz compared it to President Herbert Hoover's insistence on balancing the budget as the Depression swept across the country.
	www.salon.com /news/feature/2000/05/02/stiglitz/print.html (1612 words)

	Joseph Stiglitz
		Joseph E. Stiglitz is a Professor of Finance and Business at Columbia University.
		A graduate of Amherst College, Stiglitz 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.
		Stiglitz's work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance.
	www.columbia.edu /cu/sipa/RESEARCH/bios/jes322.html (317 words)

	Joseph Stiglitz -- A Dangerous Man, A World Bank Insider Who Defected
		Stiglitz went home and had one of his World Bank researchers run a study; it turns out that foreign aid is actually a more stable revenue source than tax receipts for poor countries.
		Stiglitz takes the debate to a higher level -- not just because he dissects the orthodoxy with its own tools, but because he uses the anecdotes of an insider to confirm the suspicions of the outsiders.
		Stiglitz came to Minnesota last week to speak at the annual Nobel Conference sponsored by Gustavus Adolphus College in St. Peter to coincide with the announcement of the Nobel prizes.
	www.commondreams.org /views/101100-101.htm (1167 words)

	Amazon.co.uk: Books: Globalization and Its Discontents
		Joseph Stiglitz, the author of "Globalization and Its Discontents", is a renowned professor of economics.
		Stiglitz is clearly a first rate economist, the arguments he makes in his book are by no means watertight, but I found most of them to be very convincing.
		Stiglitz should have done was to tell a certain number of very specific stories that illustrate the message that he is trying to get across.
	www.amazon.co.uk /exec/obidos/ASIN/014101038X (2491 words)

	Joseph Stiglitz
		Joseph E. Stiglitz was Chief Economist at the World Bank from 1996 until 1999, during which time he became quite critical of World Bank policy.
		Joseph E. Stiglitz served on the U.S. Council of Economic Advisers from 1993 to 1997 under President Clinton.
		"I argue that the failures of the reforms in Russia and most of the former Soviet Union are not just due to sound policies being poorly implemented...(but) to to a misunderstanding of the foundations of a market economy as well as misunderstanding of the basics of an institutional reform process." ---Joseph Stiglitz
	www.dickinson.edu /~mccartia/josephstiglitz.htm (377 words)

	FT Columnist Martim Wolf discusses the flaws in Joseph Stiglitz's new book, 'Globalisation and its discontents'
		Joseph Stiglitz, Nobel laureate economist, is loved on the streets and loathed in the suites.
		Similarly, while Mr Stiglitz's charge against so-called "shock therapy" is exaggerated, that against the tacit support given by the IMF and the World Bank for horrifyingly corrupt and incompetent privatisation in Russia and some other countries in transition is right.
		Mr Stiglitz is absolutely right to blame the fund (and others) for their failure either to warn or protect countries adequately against these disasters.
	www.jubilee2000uk.org /opinion/wolf100702.htm (956 words)

	The Phoenix Online - Economist rails against Bush economic policy in speech
		Joseph Stiglitz, winner of the 2001 Nobel Prize in Economics, had a message for President George W. Bush: The much-heralded tax cuts did not work.
		On Monday, Stiglitz addressed a packed crowd in the Science Center lecture hall, preaching largely to the converted on “Economics and the Election.” For over an hour, Stiglitz railed on the Bush administration’s plans for economic recovery, saving his most acrimonious critique for Alan Greenspan, the chairman of the Federal Reserve.
		Furthermore, Stiglitz noted that the United States was contributing to “enormous global financial instability” by borrowing nearly $1.5 billion a day from various global markets.
	phoenix.swarthmore.edu /2004-10-07/news/14301 (664 words)

	The Observer Special reports Mammon: Economist Joseph Stiglitz
		Joseph Stiglitz is sure there'll be no big economic recovery, and blames Bush and Greenspan.
		Stiglitz sparred with Greenspan on several occasions while he was defending Clinton's economic plans against attacks from the Fed. Indeed, from fending off the Fed to his attacks on Dubyanomics, his new tome reads like a decade-long chronicle of his attempts to resist resurgent Reaganomics.
		Stiglitz is indispensable in this regard, as a world expert who has seen economics used - and abused - in the corridors of power.
	observer.guardian.co.uk /bush/story/0,8224,1061022,00.html (1323 words)

	Joseph E. Stiglitz - Autobiography
		Cass, David and Stiglitz, Joseph E. "The Structure of Investor Preferences and Asset Returns, and Separability in Portfolio Allocation: A Contribution to the Pure Theory of Mutual Funds," Journal of Economic Theory, June 1970, 2(2), pp.
		Stiglitz, 1991, 1997a.) One of the main questions with which I was concerned was how to redistribute income in a way as to minimize the loss in efficiency that is inevitably associated with tax distortions.
		Dasgupta and Stiglitz, 1980a, 1980b, 1981, 1988.) I showed that a monopoly, once established, could be persistent, that Schumpeterian competition was not, in general, "efficient," and that in particular the incumbent could/would take actions which deterred entry, that potential competition would not in general suffice to ensure a rapid (efficient) pace of innovation.
	www.nobel.se /economics/laureates/2001/stiglitz-autobio.html (11290 words)

	JOSEPH E
		JOSEPH E. Joseph E. Stiglitz is currently serving an appointment to the World Bank as Senior Vice President, Development Economics and Chief Economist.
		Dr. Stiglitz is on leave from Stanford University, where he is the Joan Kenney Professor of Economics.
		Previously Dr. Stiglitz was a professor of economics at Princeton, Yale, and All Souls College, Oxford.
	www.puaf.umd.edu /OEP/SpkrBios/stiglitz.htm (205 words)

	Stiglitz interview
		This is an edited version of an interview with Joseph Stiglitz, conducted by Doug Henwood on his weekly radio show on WBAI, New York, August 15, 2002.
		Stiglitz, who shared the 2001 Nobel prize, is widely regarded as one of the leading economists of his generation.
		It must be said that Stiglitz largely spares the World Bank from criticism, which requires overlooking their complicity in promoting structural adjustment along with financially burdensome and ecologically destructive megaprojects.
	www.leftbusinessobserver.com /Stiglitz.html (2698 words)

	Joseph Stiglitz, Former World Bank Senior Vice President and Chief Economist
		Joseph Stiglitz served as World Bank Senior Vice President and Chief Economist between February 1997 and February 2000.
		Joseph Stiglitz, Former World Bank Senior Vice President and Chief Economist
		Many of his speeches and essays made during his tenure are available here.
	www.worldbank.org /knowledge/chiefecon/stiglitz.htm (433 words)

	The Roaring Nineties - Joseph Stiglitz - Penguin UK
		Now, Joseph Stiglitz blows the whistle on the devastation wrought by the free market mantra in the nineties – and shows how Bush is ignoring the lessons from what happened.
		Stiglitz takes us one step further, showing how a more balanced approach to the market and government can lead not only to a better economy, but a better society.
		As Chief Economic Advisor to the President at the time, Stiglitz exposes the inside story of what went wrong, but also reveals how Bush’s administration is now making things worse – much worse – for the economy, the US and the rest of the world.
	www.penguinbooks.co.uk /nf/Book/BookDisplay/0,,0_0141014318,00.html?sym=EXC (1538 words)

	Salon.com Technology The new gilded age and its discontents
		Nobel Prize-winning economist Joseph Stiglitz talks about the corporate looting spree and Bush's woeful mismanagement of the economy.
		The villains, Stiglitz argues, are obvious: The International Monetary Fund, Clinton Treasury Secretary Lawrence Summers and Wall Street all come off badly, more concerned with ideology and their own bottom lines than with the facts.
		At each step of his career, Stiglitz advocated for a critical look at what he calls "the Washington Consensus" -- the conventional wisdom that holds that everything bad in the economy can be laid at the government's door while everything good stems from the market.
	www.salon.com /tech/feature/2002/07/03/stiglitz (848 words)

	Politics in the Name of Stimulus
		Joseph Stiglitz, winner of the 2001 Nobel Prize in Economics, is the former chairman of the Council of Economic Advisers -- a three-member panel that provides the president with economic advice -- and former chief economist of the World Bank.
		Joseph Stiglitz: I think it's fairly clear there's a need, though there's no such thing as a perfect forecast.
		News: Nobel Prize-winning economist Joseph Stiglitz has serious concerns about the short-term effectiveness of the Bush administration's economic stimulus package -- and the long-term risks it may pose.
	www.motherjones.com /web_exclusives/features/news/stiglitz.html (672 words)

	Amazon.com: Books: The Roaring Nineties: A New History of the World's Most Prosperous Decade
		Joseph Stiglitz's "The Roaring Nineties: A New History of the World's Most Prosperous Decade" is a thoughtful and compelling examination of the greed and corruption that ensues when markets are allowed to "regulate" themselves.
		Stiglitz's, a neo-Keynesian economist, argues that the "roaring nineties" was the consequence of the forced retreat of the state from any direct involvement in the market.
		Stiglitz sees the 1990s as a brilliant economic success, but also a period in which faulty accounting, conflicts of interest, and botched deregulation schemes inflated a bubble that, when it burst, gave rise to the 2001 recession.
	www.amazon.com /exec/obidos/tg/detail/-/0393058522?v=glance (3221 words)

	Joseph E. Stiglitz: Tutte le informazioni su Joseph E. Stiglitz su Encyclopedia.it
		Joseph Stiglitz (nato 9 febbraio 1943)è un economista americano, scrittore e Premio Nobel per l'economia (2001).
		In linea con le sue pubblicazioni economiche tecniche, Stiglitz è l'autore di "Whither Socialism", un libro divulgativo che fornisce un'introduzione alle teorie circa il fallimento economico del socialismo nell'Europa dell'est, il ruolo dell'informazione imperfetta nei mercati e le concezioni erronee su quanto sia realmente libero il mercato nel sistema capitalista-liberista.
		Il lavoro più famoso di Stiglitz è stato sullo screening, una tecnica usata da un agente economico che voglia acquisire informazioni -altrimenti private- da un altro.
	www.encyclopedia.it /j/jo/joseph_e_stiglitz.html (358 words)

	What I Learned at the World Economic Crisis. The Insider by Joseph Stiglitz / The New Republic 17apr00
		JOSEPH STIGLITZ is professor of economics at Stanford University (on leave) and a senior fellow at the Brookings Institution.
		Silencing Joseph Stiglitz: The World Bank cuts its ties to the economist who became an unlikely hero to world trade protesters.
		The Insider by Joseph Stiglitz / The New Republic 17apr00
	www.mindfully.org /WTO/Joseph-Stiglitz-IMF17apr00.htm (3605 words)

	IMF / World Bank - NI 365 - The Hospital that makes you Sicker
		Joseph Stiglitz won the Nobel Prize for Economics in 2001.
	www.newint.org /issue365/sicker.htm (3686 words)

	Structural Adjustment — a Major Cause of Poverty - Global Issues
		Joseph Stiglitz, former head of World Bank, “resigned” under pressure from criticisms he made of the IMF and World Bank.
		It is impossible to ignore the sweeping critique, by the second most important man in the World Bank [Joseph Stiglitz], of policies still being imposed on poor countries as a condition of debt cancellation and aid.
		Stiglitz points out that some politicians were corrupt enough to go ahead with some state sell-offs: “Stiglitz said that rather than objecting to the sell-offs of state industries, some politicians — using the World Bank’s demands to silence local critics — happily flogged their electricity and water companies.
	www.globalissues.org /TradeRelated/SAP.asp (10935 words)

	Joseph Stiglitz : The subtle truth about globalization: UNESCO
		Born in 1943 in Gary (Indiana), Stiglitz is considered to be one of the most brilliant economists of his generation.
		But “Joe” Stiglitz hit the first bump in his career in 2000.
		He is the hero of the anti-globalization movement and the nemesis of market fundamentalists.
	portal.unesco.org /en/ev.php-URL_ID=6609&URL_DO=DO_TOPIC&URL_SECTION=201.html (1716 words)

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