Joseph Stiglitz obtained his doctorate in economics from the Massachusetts Institute of Technology (MIT) in 1967. He was appointed professor at the age of 27, and two years later joined the Econometric Society, the pantheon of the profession. And thus began an exceptional career, at Yale University, then Stanford, Oxford and Princeton, with periods at the Institute for Development Studies of the University of Nairobi.

He has established himself as a major theorist, and has picked up the torch on subjects such as the causes and consequences of inequality, the persistence of unemployment and the frequency of financial crises. For several years now, Joseph Stiglitz has been an ardent critic of neoliberalism. He denounces the blind faith in free and unregulated markets. A prolific researcher, he has published numerous works in areas such as labour economics, the credit market and industrial economics. He focused his attention on the theory of information asymmetry, which earned him, along with George Akerlof and Michael Spence, the Nobel Prize in economics in 2001 for their work on markets with asymmetric information. Joseph Stiglitz is one of the founders and best-known exponents of “new Keynesian economics”. He became a household name following his criticism of the IMF and the World Bank, which he voiced shortly after his departure from this institution, of which he had been chief economist. Joseph Stiglitz has taken an interest in the governance of the global economy.



Without being an anti-globalisation activist, he has vigorously denounced the liberal dogmatism of the major international institutions and advocates better regulation of globalisation. He maintains that another world is possible, one that is efficient and fair, based on a new social compromise, thanks to concrete measures that he sets out clearly.