Stiglitz, Joseph

Joseph Stiglitz is an American economist known for his contributions to the fields of information asymmetry and market inefficiencies. He highlighted how unequal access to information can lead to poor economic decisions, causing market failures. Stiglitz was awarded the Nobel Prize in Economic Sciences in 2001 for his work on these topics. He has also been a vocal critic of globalization and income inequality, advocating for policies that promote equitable growth. His research and writings have influenced economic policy and debates about the role of government in the economy.