Joseph Stiglitz Quotes


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Less than an average of 5 feet above sea level, Maldives is the lowest country in the world. It’s highest point is less than 8 feet high. The small increase in the world sea level resulting from climate change has already affected Maldives, and an increase of only a foot would wipe out a large part of the country.


Joseph Stiglitz
Joseph Stiglitz
  • Born: February 9, 1943
  • Nationality: American
  • Profession: Economist

Joseph Eugene Stiglitz is an American economist, public policy analyst, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank and is a former member and chairman of the (US president's) Council of Economic Advisers. He is known for his support of Georgist public finance theory and for his critical view of the management of globalization, of laissez-faire economists (whom he calls "free-market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank.