Joseph E. Stiglitz

Joseph E. Stiglitz is an American economist and Nobel Prize winner known for his work on information asymmetry, which examines how unequal information between buyers and sellers can lead to market failures. He has contributed to understanding economic inequality and the role of government in markets. Stiglitz has also critiqued globalization and free-market policies, advocating for more equitable economic systems. His ideas emphasize the importance of fair competition, transparency, and government intervention to correct market failures, aiming to create a more balanced and inclusive economy.