Joseph Stiglitz
American economist
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2024 | Joseph Stiglitz published 'The Road to Freedom: Economics and the Good Society', a critical examination of neoliberal economic theories by Milton Friedman and Friedrich Hayek, which explores the potential impacts of information production in the age of artificial intelligence. |
June 2024 | Spearheaded an open letter signed by 16 Nobel Prize in Economics laureates arguing against Donald Trump's fiscal and trade policies and efforts to limit the Federal Reserve's independence. |
2021 | Conducted economic analysis with Ira Regmi examining pandemic-induced inflation (2021-2023), concluding that inflation was caused by sector supply-side disruptions and Ukraine war effects in food and energy sectors, not excessive US pandemic spending. |
August 2020 | Published an article in Scientific American titled 'Measuring What Matters', critically examining the limitations of GDP as a sole economic metric and discussing its negative impacts on health, happiness, and the environment. |
July 2020 | Published a report with Hamid Rashid from the UN Department of Economic and Social Affairs critiquing the US quantitative easing policy post-2008 financial crisis, arguing it effectively exported a debt bubble to developing countries. |
2019 | Published 'Measuring What Counts: The Global Movement for Well-Being', a book critiquing GDP as an inadequate measure of economic and social progress, highlighting the interconnected challenges of environmental degradation and human suffering. |
2019 | Published 'People, Power and Profits: Progressive Capitalism for an Age of Discontent', a book critiquing free market fundamentalism and proposing a progressive capitalist approach to economic challenges. |
2019 | Joseph Stiglitz publicly advocated for the Green New Deal, arguing that it would stimulate economic demand and create more jobs in renewable energy compared to traditional fossil fuel industries like coal. |
May 13 2019 | Published article in MarketWatch criticizing three decades of neoliberal policies and their impact on the middle class, economy, and democracy. |
2018 | Awarded the Sydney Peace Prize, recognizing his contributions to social and economic justice. |
2018 | Following the U.S. mid-term elections, Stiglitz published a significant statement emphasizing the critical role of economic justice in maintaining global democratic systems. |
December 5 2017 | Stated that the drop in wages in the United States is due to actions of multinational companies, contradicting his earlier views on globalization. |
February 2017 | Argued that the fall in wages and disappearance of well-paid jobs in the United States are due to economic progress and technological innovation, not free trade or globalization. |
2016 | Commented on the critical economic situation in the United States, referencing a study by Anne Case and Angus Deaton showing declining life expectancy among middle-age white Americans. |
September 2015 | Stiglitz noted that China became the largest economy in the world in terms of purchasing-power parity. |
2014 | Completed his term as president of the International Economic Association. |
June 2014 | Presided over the International Economic Association triennial world congress near the Dead Sea in Jordan. |
February 2012 | Awarded the Legion of Honor in the rank of Officer by French ambassador François Delattre, highlighting his international recognition. |
2011 | Named by Foreign Policy magazine on its list of top global thinkers, recognizing his significant influence in global economic discourse. |
2011 | Named one of the 100 most influential people in the world by Time magazine. |
2011 | Became president of the International Economic Association (IEA). |
May 2011 | Published influential article 'Of the 1%, by the 1%, for the 1%' in Vanity Fair, critiquing economic inequality. |
2010 | Received the Gerald Loeb Awards for Commentary for his works 'Capitalist Fools and Wall Street's Toxic Message', acknowledging his critical economic writing. |
2010 | Chaired the international Commission on the Measurement of Economic Performance and Social Progress, which issued the report 'Mismeasuring our Lives: Why GDP doesn't add up'. |
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