Joseph Stiglitz

Joseph Stiglitz is a prominent American economist known for his work on information asymmetry, which explores how unequal access to information affects markets and economies. He received the Nobel Prize in Economics in 2001 for his contributions to understanding how incomplete information can lead to market failures. Stiglitz has also been an advocate for economic policies that address inequality and promote sustainable growth. Aside from his academic work, he has served as a chief economist at the World Bank and is a vocal critic of globalization and its impacts on developing countries. His insights have influenced economic policy worldwide.