Joseph Stiglitz

Joseph Stiglitz


Joseph Stiglitz, who is an American economist and professor at Columbia University born on 9 February 1943, In Gary, Indiana, U.S.

Family Background:

He is the son of Nathaniel David Stiglitz and his wife Charlotte Stiglitz. His father was an insurance salesman and his mother was a schoolteacher.

Personal Life:

Joseph married three times. He has two children with his first wife.  On 23 December 1978, He married Dr. Jane Hannaway, who is an assistant professor of Administration at a teachers college in Columbia. The couple has two children. Their marriage ended in divorce. On 28 October 2004, He married Anya Schiffrin. she is worked at the school of international and public affairs at Columbia University.


In 1964, He graduates from the Amherst College, where he was president of the Student Government. During his second year of the college, He had studied at the Massachusetts Institute of Technology. Later he moved to the University of Chicago from 1965 to 1966, where he to do research under Hirofumi Uzawa. From 1966 to 1967, He completed his Ph.D. from MIT.


After completed his graduation, He had joined the Cowles Foundation for Research in Economics, Yale University as an Assistant professor. During 1966, He had received a Tapp Junior Research Fellowship at Gonville and Caius College, University of Cambridge. In 1968, He had selected to the post of associate professor. He held this post until 1970. In 1970 He had again selected And became a professor of economics at the Cowles Foundation and Department of Economics, Yale University. He had held that post until 1974. During 1973 to 1974, He visited the Fellow at the St. Catherine’s College, Oxford. later he had worked at Stanford University as a professor of economics from 1974 to 1976. Then from 1976 to 1979, he joined the Oxford University as a Drummond Professor of Political Economy. He had also served as the Professor of Economics at Princeton University from 1979 to 1988. In 1993, Joseph was appointed as a member of the Council of economics advisers by president Bill Clinton. From 1997 to 2000, he served as a senior vice-president and Chief Economist, World Bank. In 2008, Stiglitz had been elected Chairman, International Commission on the Measurement of Economic Performance and Social Progress, initiated by the president of France. In 2010, he was selected as an advisor of the Greek Government. The United Kingdom Labour Party had been announced that Stiglitz was to sit on its Economic Advisory Committee along with five other world-leading economists, On September 27, 2015

Unknown Facts:

  • He is also a good writer.
  • On 25 July 2011, He had participated in the ‘I Foro Social del 15M’, which was organized in Madrid.

Master Stroke:

  • He wrote several books including ‘The Roaring Nineties: A New History of the World’s Most Prosperous Decade’, The Three Trillion Dollar War: The True Cost of the Iraq Conflict’, and many other popular books.
  • In July 2000, He established ‘The Initiative for Policy Dialogue’.

Awards and Achievements:

  • He awarded the Nobel Memorial Prize.
  • In 2012, He was awarded the Legion of Honor by the French ambassador in the U.S.

What can we learn from him??

Like Joseph Stiglitz, You get success step by step never jump directly to reach success.

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