Author profile

Joseph Stiglitz

Joseph E Stiglitz, a Nobel laureate in economics and professor at Columbia University, is a former chief economist of the World Bank, chair of the US president’s Council of Economic Advisers and co-chair of the High-Level Commission on Carbon Prices. He is a member of the Independent Commission for the Reform of International Corporate Taxation .

Europe’s Austerity Disaster

Joseph Stiglitz

“If the facts don’t fit the theory, change the theory,” goes the old adage. But too often it is easier to keep the theory and

Democracy In The Twenty-First Century

Joseph Stiglitz

The reception in the United States, and in other advanced economies, of Thomas Piketty’s recent book Capital in the Twenty-First Century attests to growing concern

Creating An Innovation Society

Joseph Stiglitz

Citizens in the world’s richest countries have come to think of their economies as being based on innovation. But innovation has been part of the

Economic Stagnation By Design

Joseph Stiglitz

Soon after the global financial crisis erupted in 2008, I warned that unless the right policies were adopted, Japanese-style malaise – slow growth and near-stagnant