James E. Stiglitz

James E. Stiglitz is a renowned economist known for his work on information asymmetry and market failures. He has contributed significantly to understanding how imperfections in information can lead to economic inefficiencies and inequality. Stiglitz has held prominent academic and policy positions, including a Nobel Prize in Economic Sciences in 2001. His work influences policies on subjects like globalization, development, and financial regulation, emphasizing the need for government intervention to improve market outcomes when markets alone fall short.