Joseph Stiglitz (Economist)

Joseph Stiglitz is an American economist and a Nobel laureate known for his work on information asymmetry, which explores how unequal information among parties can lead to market failures. He has significantly contributed to understanding economic behavior, public policy, and globalization. Stiglitz has been a vocal critic of unregulated markets and advocates for government intervention to address inequality and promote fair economic growth. His influential books and research highlight issues such as the impact of globalization on developing countries and the need for reforms in financial systems to enhance stability and equity.