"Joseph Stiglitz holds joint professorships at Columbia University�s Economics Department, School of International and Public Affairs, and its Business School. From 1997 to 2000 he was the Worldbank�s Senior Vice President for Development Economics and Chief Economist. From 1995 to 1997 Dr. Stiglitz served as Chairman of the U.S. Council of Economic Advisers and as a member of President Clinton�s cabinet. From 1993 to 1995 he was a member of the Council of Economic Advisers. Dr. Stiglitz was previously a professor of economics at Stanford, Princeton, Yale, and All Souls College, Oxford.

As an academic, Dr. Stiglitz helped create a new branch of economics�" The Economics of Information"�which has received widespread application throughout economics. In the late 1970s and early 1980s, Dr. Stiglitz helped revive interest in the economics of technical change and other factors that contribute to long-term increases in productivity and living standards. Dr. Stiglitz is also a leading scholar of the economics of the public sector.

Dr. Stiglitz was awarded the Nobel Prize in Economics in 2001. He was also awarded the American Economic Association�s biennial John Bates Clark Award in 1979. Dr. Stiglitz�s work has been recognized through his election as a fellow to the National Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, the American Philosophical Society, and the British Academy."