Joseph Stigliz: Differing Views on the Costs of Regulatory Reform (1996)

Joseph Eugene Stiglitz, ForMemRS, FBA (born February 9, 1943) is an American economist 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.[2][3] He is known for his critical view of the management of globalization, free-market economists (whom he calls "free market fundamentalists"), and some international institutions like the International Monetary Fund and the World Bank. In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001, received that university's highest academic rank (university professor) in 2003, and is the co-chair of the university's Committee on Global Thought. He also chairs the University of Manchester's Brooks World Poverty Institute as well as the Socialist International Commission on Global Financial Issues and is a member of the Pontifical Academy of Social Sciences. Stiglitz has over 40 honorary doctorates and at least eight honorary professorships, as well as an honorary deanship.[4][5][6] In 2009 the President of the United Nations General Assembly Miguel d'Escoto Brockmann, appointed Stiglitz as the chairman of the U.N. Commission on Reforms of the International Monetary and Financial System, where he oversaw suggested proposals and commissioned a report on reforming the international monetary and financial system.[7] Since 2012 Stiglitz has been the president of the International Economic Association.[8] He presided over the organization of the IEA triennial world congress held near the Dead Sea in Jordan in June 2014.[9] Based on academic citations, Stiglitz is the 4th most influential economist in the world today,[10] and in 2011 he was named by Time magazine as one of the 100 most influential people in the world.[11] Stiglitz's work focuses on income distribution, asset risk management, corporate governance, and international trade. He is the author of several books, the latest being the best seller, The Great Divide: Unequal Societies and What We Can Do About Them (2015). Stiglitz was born in Gary, Indiana, to Charlotte (née Fishman), a schoolteacher, and Nathaniel David Stiglitz, an insurance salesman.[13][14] From 1960 to 1963, he studied at Amherst College, where he was a highly active member of the debate team and president of the student government. He went to the Massachusetts Institute of Technology (MIT) for his fourth year as an undergraduate, where he later pursued graduate work. His undergraduate degree was awarded from Amherst College. From 1965 to 1966, he moved to the University of Chicago to do research under Hirofumi Uzawa who had received an NSF grant. He studied for his PhD from MIT from 1966 to 1967, during which time he also held an MIT assistant professorship. Stiglitz stated that the particular style of MIT economics suited him well – simple and concrete models, directed at answering important and relevant questions.[15] From 1966 to 1970 he was a research fellow at Cambridge University: he arrived at Fitzwilliam College as a Fulbright Scholar in 1965 and then won a Tapp Junior Research Fellowship at Gonville and Caius College.[16] In subsequent years, he held academic positions at Yale, Stanford, Oxford, and Princeton.[17] Stiglitz is now a professor at Columbia University, with appointments at the Business School, the Department of Economics and the School of International and Public Affairs (SIPA), and is editor of The Economists' Voice journal with J. Bradford DeLong and Aaron Edlin. He also gives classes for a double-degree program between Sciences Po Paris and École Polytechnique in 'Economics and Public Policy'. He has chaired The Brooks World Poverty Institute at the University of Manchester since 2005.[18][19] Stiglitz is a New-Keynesian economist. https://en.wikipedia.org/wiki/Joseph_Stiglitz