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Joseph E. Stiglitz Books

4 books·~40 min total read

Joseph E. Stiglitz is an American economist and professor at Columbia University.

Known for: Globalization and Its Discontents, Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump, People, Power, and Profits: Progressive Capitalism for an Age of Discontent, The Price of Inequality: How Today's Divided Society Endangers Our Future

Key Insights from Joseph E. Stiglitz

1

The Promise of Globalization

When economists speak of globalization, we often begin with its remarkable theoretical potential. Integrated markets can increase efficiency; trade allows nations to specialize and thus produce and consume more; capital flows can bring investment where it is most needed. In such a perfect world, eve...

From Globalization and Its Discontents

2

The Role of the International Monetary Fund (IMF)

The International Monetary Fund was initially created to ensure global financial stability, to help countries in balance-of-payments trouble avoid the downward spiral of depression and protectionism. But by the 1990s, the IMF had evolved into something quite different—a gatekeeper of the developing ...

From Globalization and Its Discontents

3

The Promise and Failure of Globalization

Globalization was sold to the world as a vehicle for universal progress. The idea was that free trade and liberalized capital flows would allow every country to specialize, grow, and share in global prosperity. The institutional architecture—the IMF, the World Bank, the WTO—was designed to ensure th...

From Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump

4

Institutions of Global Governance

The IMF, World Bank, and WTO were conceived to manage interdependence in a post-war world. Their mandate was noble: maintain financial stability, foster reconstruction, and promote equitable trade. Yet over the decades, these institutions became enforcers of an economic orthodoxy known as neoliberal...

From Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump

5

Historical Context: America’s Postwar Promise

To understand where we are, we must recall where we’ve been. After World War II, the United States built an economy rooted in shared prosperity, with policies that fostered education, homeownership, innovation, and a burgeoning middle class. Progressive taxation funded public infrastructure and rese...

From People, Power, and Profits: Progressive Capitalism for an Age of Discontent

6

The Erosion of Equality

When inequality becomes extreme, it corrodes everything it touches—the economy, democracy, social trust, even individual aspiration. The data are unequivocal: over the past four decades, while GDP has risen, the vast majority of Americans have seen little improvement in living standards. Productivit...

From People, Power, and Profits: Progressive Capitalism for an Age of Discontent

About Joseph E. Stiglitz

Joseph E. Stiglitz is an American economist and professor at Columbia University. He received the Nobel Memorial Prize in Economic Sciences in 2001 for his analyses of markets with asymmetric information. Stiglitz has served as Chief Economist of the World Bank and Chairman of the U.S. President’s C...

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Joseph E. Stiglitz is an American economist and professor at Columbia University. He received the Nobel Memorial Prize in Economic Sciences in 2001 for his analyses of markets with asymmetric information. Stiglitz has served as Chief Economist of the World Bank and Chairman of the U.S. President’s Council of Economic Advisers. He is known for his critical views on globalization and market fundamentalism.

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Joseph E. Stiglitz is an American economist and professor at Columbia University.

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