Joseph E. Stiglitz, who won the Nobel Prize for Economics in 2001, is University Professor at Columbia University where he teaches in the Economics Department, the School of International and Public Affairs, and the Business School. From 1997 to 2000, he was the World Bank's Senior Vice President for Development Economics and Chief Economist. Dr. Stiglitz was Chairman of the U.S. Council of Economic Advisers and a member of President Clinton's cabinet from 1995 to 1997; he joined the Council in 1993.
Dr. Stiglitz has taught economics at Stanford University, Princeton University, Yale University, and All Souls College, University of Oxford (UK). The research for which Dr. Stiglitz was awarded the Nobel Prize focused on the economics of information. His innovations in this field have received widespread application in the economics profession. Dr. Stiglitz was also awarded the American Economic Association's biennial John Bates Clark Award in 1979.
He is a fellow of the National Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, the American Philosophical Society, and the British Academy.