Professor Profiles: Joseph Stiglitz, Columbia Business School

Many MBA applicants feel that they are purchasing a brand when choosing a business school, but the educational experience is what is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we focus on Joseph Stiglitz from Columbia Business School.

Joseph Stiglitz, Columbia Business SchoolA 2001 winner of the Nobel Prize in Economics and a member of the National Academy of Science, Joseph Stiglitz (“Globalization and Markets and the Changing Economic Landscape” [EMBA]) is executive director and founder of the Initiative for Policy Dialogue at Columbia University. Before joining the Columbia Business School (CBS) faculty in 2001, Stiglitz was chief economist for the World Bank (1997–2000) and a member of the U.S. Council of Economic Advisors under President William J. Clinton (1993–1997), serving as the council’s chairman from 1995 to 1997. Stiglitz is the creator of a branch of economics called “Economics of Information,” whose central concept—which examines how intuitions such as the stock market process and relate information—helped earn Stiglitz the Nobel Prize. He has authored a number of books, the most recent of which is entitled Freefall: America, Free Markets, and the Sinking of the World Economy (W.W. Norton & Company, 2010).

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