Joseph E. Stiglitz Profile Banner
Joseph E. Stiglitz Profile
Joseph E. Stiglitz

@JosephEStiglitz

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The official account of Joseph E. Stiglitz, Nobel laureate economist @Columbia University. Co-president @policy_dialogue . Co-chair @icrict . Photo: @gaplump .

New York
Joined October 2013
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@JosephEStiglitz
Joseph E. Stiglitz
16 days
It's out! In stores and available to order from @wwnorton :
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
Congratulations to @Martin_M_Guzman , Argentina's new economy minister.
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
Competition leads to lower prices. That’s Economics 101. But when there’s market power, prices are a mark-up over marginal costs. And when market power increases, prices increase. Profits then increase as a share of national income. 🧵1/6
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
My latest for @ProSyn is on why I think @Martin_M_Guzman is the right person to be Argentina's economy minister:
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
Intellectual property rights for Covid-19 vaccines must be suspended to boost inoculation rates around the world. It's that simple.
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
My latest book is now out in paperback:
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@JosephEStiglitz
Joseph E. Stiglitz
17 days
Forty-odd years after neoliberalism took hold it’s clear it doesn’t work. In fact, it never had either a robust theory or the data to back up its claims. Time to introduce a new, more freeing capitalism that allows all people to live up to their potential. That’s what I do in my…
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
The income that oil companies are getting today has nothing to do with what the companies have done but are windfall profits and undeserved. A well-designed windfall tax can raise revenue, keep prices down and encourage investment. Time to tax them.
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
I wish Marine Le Pen would stop acting like I agree with her and her ideas.
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@JosephEStiglitz
Joseph E. Stiglitz
17 days
In bookstores tomorrow.
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
I am looking for Econ PhD candidates who would like to do a post-doc at Columbia University under my supervision. Please apply by December 12.
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
It makes good economic sense for #CostaRica to pursue a green economic recovery.
@CFigueres
Christiana Figueres
3 years
#CostaRica is about to make history, Congress is discussing a permanent ban on oil & gas exploration and exploitation. Join me to urge lawmakers to endorse this bill @fbirol @Janefonda @KateRaworth @JosephEStiglitz @Mo_IbrahimFdn @PaulPolman #CRLibredePerforaci ón #firstmovers
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
I am looking for Econ PhD candidates who would like to do a post-doc at Columbia University under my supervision. Please apply by November 24:
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@JosephEStiglitz
Joseph E. Stiglitz
3 months
Some news: My new book is coming out soon! Preorders available here:
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
Whatever you think about student debt cancellation, inflation worries shouldn't drive the policy, as some people seem to be arguing. What next? Eliminate food stamps as a way to fight inflation?
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
Congratulations, Janet Yellen! Terrific news.
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@JosephEStiglitz
Joseph E. Stiglitz
1 month
From idea to draft to proofs to galleys to book, I always find it exciting and amazing. Thank you @brendancurry and @wwnorton for bringing this so elegantly to life. And thank you @anyaSIPA for the inspiration and discussion that was so important in shaping this.
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@JosephEStiglitz
Joseph E. Stiglitz
5 years
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@JosephEStiglitz
Joseph E. Stiglitz
1 year
Google in Brazil! Hoping the US newsmedia reports asap on their tactics against the Bargaining Code, media law. It's Australia again but worse. Journalists need funding.
@anyaSIPA
Anya Schiffrin
1 year
Brazil votes today on the media law, bargaining code and Google has gone all out trying to stop it, telling everyone the internet will break etc. Govt will investigate Google's tactics.
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@JosephEStiglitz
Joseph E. Stiglitz
1 year
We should be taxing wealth at a higher rate because much of it is inherited. Especially when almost two-thirds of new wealth accrued since the start of the pandemic has gone to the top 1%, per @Oxfam 's new report.
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@JosephEStiglitz
Joseph E. Stiglitz
6 years
Zephyr Teachout is a candidate for New York State Attorney General who not only understands monopolies in the 21st century but also the Attorney General's role as the people's lawyer who defends our environmental and civil rights. This is why I am strongly endorsing her.
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@JosephEStiglitz
Joseph E. Stiglitz
5 years
I am looking for Econ PhD candidates who would like to do a post-doc at Columbia University under my supervision. Please apply before Nov. 30.
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@JosephEStiglitz
Joseph E. Stiglitz
17 days
When we talk about freedom, whose freedom are we talking about? Polluters? Big Tech? Multinationals? Or yours and mine? I wrote a book about what true freedom is and how to set about achieving it. Out tomorrow, The Road to Freedom: Economics and the Good Society, published by…
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@JosephEStiglitz
Joseph E. Stiglitz
10 months
Pleased to sign this letter to @UN and @WorldBank . Inequality deepens at an alarming rate. Currently the richest 10% of global population takes 52% of global income and poorest half of the population earns 8.5% of it. In @guardian
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@JosephEStiglitz
Joseph E. Stiglitz
16 days
Financial markets left to their own devices do not make economies and those who live in them free, despite what Milton Friedman said. Lots of data over 40 years shows we’re actually worse off. We need a new way to think about markets, economic policy and what we want our society…
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
A Covid-19 vaccine must be free for every citizen in every country. #PeoplesVaccine
@FT
Financial Times
4 years
‘People’s vaccine’ for coronavirus must be free, leaders urge
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
Economic and political freedom starts with freedom over one’s own body. Devastated that the Supreme Court has overturned Roe v Wade. How can America expect to lead the free world as it makes another big step backward?
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@JosephEStiglitz
Joseph E. Stiglitz
6 years
My new book, Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump, out now:
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@JosephEStiglitz
Joseph E. Stiglitz
2 months
I'm delighted to say that my new book is coming out on April 23rd in the UK, published by @AllenLaneBooks / @PenguinUKBooks
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
My article in @sciam about better ways to measure a country's well-being than GDP will be free to read for a week.
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
In @EJ_RES , my paper with @Martin_M_Guzman on pseudo-wealth and consumption fluctuations. An explanation for situations in which the fundamental state variables describing the economy do not change but aggregate consumption experiences significant changes.
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@JosephEStiglitz
Joseph E. Stiglitz
6 years
How has a country of under five million people become a world leader in developing holistic policies that promote democratic, sustainable, and inclusive economic growth? @ProSyn
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
Systemic racism lies at the heart of our political & economic systems in the US. It's a major force behind today's historic inequality. We must champion policy and leaders - in our communities and government - that will fight for equal opportunity for everyone. #BlackLivesMatter
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@JosephEStiglitz
Joseph E. Stiglitz
8 months
Please join if you are able. It will be livestreamed, too.
@EUI_EU
European University Institute
8 months
❓ Is there an alternative to #neoliberalism ? 🌐 Join economist and Nobel Prize winner, Professor @JosephEStiglitz , in his lecture on post-neoliberal globalisation. 📚 📅 Thursday, 28 September | 14:00 - 15:30 CEST ⏰ Sign up here 👉 @EUI_Schuman
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@JosephEStiglitz
Joseph E. Stiglitz
7 months
We've reached that great time of year again. I'm looking for Econ PhD candidates who would like to do a post-doc at Columbia University under my supervision. Please apply by November 15, 2023.
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@JosephEStiglitz
Joseph E. Stiglitz
16 days
Our society has decided to accept enormous inequality but it doesn't have to. If we finally reject neoliberal doctrines and structure society in a way that takes all people and their right to live a full life into account—freer to live up to their potential—we would be better…
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
For 125+ years, competition laws have tried to ensure a more competitive economy. But for the last 40, free-market ideology and business interests undermined our laws aided and abetted by business and ideologically driven courts. 3/6
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
The original point of antitrust policy was to prevent agglomerations of power undermining democracy. Concentrations of economic power lead to political power, used to write rules reinforcing the concentrations of economic and political power. 5/6
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@JosephEStiglitz
Joseph E. Stiglitz
4 months
It's important that the wealthy pay their fair share of taxes.
@icrict
Icrict
4 months
Curios on why we should #taxtherich ? Then listen to ⁦ @JosephEStiglitz ⁩ ⁦explaining why. ⁦ @wef ⁩ ⁦ @UNDP
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
Market power leads to economic inefficiency, more inequality and lower resiliency. A shock to one of the few suppliers can have market-wide consequences. Exhibit A: the baby formula shortage. One producer with 50% of the market shut down production because of a safety issue. 2/6
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@JosephEStiglitz
Joseph E. Stiglitz
8 days
Dear UK readers: my new book, The Road to Freedom, is out, published by @AllenLaneBooks
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
Dear @POTUS With your leadership, we can ensure that COVID-19 vaccine technology is shared with the world. Supporting the emergency waiver of COVID-19-related intellectual property rules will give all people a chance to live in a world free from the virus.
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
In 2019 before Covid-19 and before @Martin_M_Guzman became Argentina's Minister of Economy we wrote "Towards a Dynamic Disequilibrium Theory with Randomness" published today. Turns out it was timely in understanding the pandemic's macroeconomic challenges.
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@JosephEStiglitz
Joseph E. Stiglitz
15 days
How, exactly, is enterprise “free”? How are markets “free”? Without any regulations they reduce people’s freedoms not enhance them. In my new book I show why and provide another way to think about building a fairer, freer, and more just society. The Road to Freedom, out now.…
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
We have a country with pervasive and increasing market power, which contributes to inflation, lack of resilience and slow overall productivity growth. 4/6
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@JosephEStiglitz
Joseph E. Stiglitz
6 months
A reminder, if you're interested in applying, that the deadline is two weeks away: I'm looking for Econ PhD candidates who would like to do a post-doc at Columbia University under my supervision. Please apply by November 15, 2023.
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@JosephEStiglitz
Joseph E. Stiglitz
9 days
Thank you! So glad you like it.
@shelleydeane
Shelley Deane
9 days
@JosephEStiglitz Wonderfully readable: the way books should be📘📗📚📖 #Stiglitz
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@JosephEStiglitz
Joseph E. Stiglitz
14 days
No one’s truly free without rules and regulations. Counterintuitive? Think stoplights. Without them, pandemonium and gridlock. With them, I stop so you can drive through, and vice versa. We both have the freedom to move about with fewer traffic jams and accidents. This same idea…
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@JosephEStiglitz
Joseph E. Stiglitz
5 years
My new book, People, Power, and Profits: Progressive Capitalism for an Age of Discontent, out Tuesday: #PeoplePowerProfits
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@JosephEStiglitz
Joseph E. Stiglitz
8 years
My book, The Euro, now available:
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@JosephEStiglitz
Joseph E. Stiglitz
7 months
Looking forward to its publication
@gabriel_zucman
Gabriel Zucman
7 months
Updated cover 😎 Thank you @JosephEStiglitz ! Publication on October 23 – can't wait.
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
Remembering the 60s and feeling sad that we have to keeping fighting against injustice and inequality. Proud of the next generation for taking on the cause. #BlackLivesMatter
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
The only sustainable prosperity is shared prosperity. @CNNOpinion
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
For the record: I am not a supporter of Marine Le Pen.
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
Please take a look if you're interested in economic inequality. The book is free online. Click on "Access Book" on left of landing page, and on next page, click "Open Access" on the right, and you will get the pdf.
@UNUWIDER
UNU-WIDER
3 years
This #OpenAccess book provides a comprehensive view of #economic inequality in five of the largest developing countries. Contributors inc @CarlosGradin @MurrayLeibbrand @FinnsAngle @JosephEStiglitz @MartinRavallion and others. 👉 @OUPAcademic #SDG10
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
My op-ed in the @FinancialTimes calls for the G7 to adopt a global minimum corporate tax rate of 21% as a step in the right direction
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
Marine Le Pen's attacks on @JosephEStiglitz show again that she is not fit for office. We don't support her. Period.
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@JosephEStiglitz
Joseph E. Stiglitz
9 years
My new book, Rewriting the Rules of the American Economy, is available now. Learn more:
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
At last, we are about to have a president that understands what our country and our economy need. Thursday's dire unemployment and soaring pandemic numbers highlight the importance of the $1.9 trillion economic and pandemic aid package.
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@JosephEStiglitz
Joseph E. Stiglitz
9 days
"Anyone who knows me knows how much I love Joseph Stiglitz, the progressive economist who won the Nobel Prize in economic sciences for proving to us that markets aren’t perfect. New Yorker writer John Cassidy profiles Joe and his great new book, The Road to Freedom, which quite…
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
My op-ed in @nytopinion on the 2017 tax cuts, which soon will be tax hikes for Americans who absolutely can't afford them. Even crueler after the damage that Covid-19 continues to wreak. The 2017 tax law must be repealed.
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
The Republicans’ proposed tax reform is a bigger gift to corporations and the ultra-rich than most had anticipated
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
"Tax reform should not be perverted into a tax windfall for capital owners on the pretense that it’s good for the working man.”
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
Why Tax Cuts for the Rich Solve Nothing @ProSyn
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@JosephEStiglitz
Joseph E. Stiglitz
1 month
I am deeply honored that @KeoughGlobalND is starting the annual Joseph E. Stiglitz Lecture on Inequality and the Good Society. I will give the inaugural lecture. April 15 at 4:30 pm at Hesburgh Library Carey Auditorium. To register:
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@JosephEStiglitz
Joseph E. Stiglitz
6 years
To Econ PhD candidates interested in doing a postdoc at Columbia University under my supervision: (Apply before November 30.)
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
Multinational corporations must pay their fair share of taxes. An open letter to @POTUS in @ProSyn :
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
Please join @PikettyLeMonde , @SylvieKauffmann and me on Thursday 1 pm EST/7 pm CET via livestreaming:
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
Mi último libro está disponible en español.
@tauruseditorial
Editorial Taurus
4 years
. @JosephEStiglitz , premio Nobel de Economía, identifica en este oportuno libro las verdaderas fuentes de la prosperidad económica compartida, basadas en la investigación, la educación y el imperio de la ley #CapitalismoProgresista
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
Our new article in @ForeignAffairs on taxation's crucial role in capitalism:
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@JosephEStiglitz
Joseph E. Stiglitz
6 years
Globalization, which was supposed to benefit developed and developing countries alike, is now reviled almost everywhere. The Globalization of Our Discontent @ProSyn
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
following closely the news from @thewire and worried about press freedom in India. agree with @globalfreemedia that the raid is excessive. @jahnavisen
@globalfreemedia
IPI - The Global Network for Independent Media
2 years
The IPI global network condemns raids on @thewire_in and editors @svaradarajan @mkvenu1 @bombaywallah @jahnavi_sen as disproportionate and excessive. In particular, extensive seizure of journalists' equipment is serious violation of #pressfreedom .
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
US unemployment in this pandemic is twice as bad as other nations, which is why Phase 4 of the congressional response to #COVID19 must include a paycheck guarantee program.
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
My interview with @camanpour on @CNN today:
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@JosephEStiglitz
Joseph E. Stiglitz
5 years
That's it. I'm not going to another @soulcycle class again. (Full disclosure: I've never been to one.)
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@JosephEStiglitz
Joseph E. Stiglitz
27 days
Please join us if you’re able on Zoom, Wednesday, April 17 at 4 p.m. ET.
@icrict
Icrict
27 days
🚨 #TaxTheRich meets #WBGMeetings With @JosephEStiglitz , @gabriel_zucman , Esther Duflo, @chenaimukumba , @GuilSMello 🇧🇷, Sanjay Malhotra 🇮🇳, Katherine Baer @IMFNews & @andrea_shalal @Reuters Don't miss it! 📆Wed 17th April 🕥 4-5.30pm EDT 💻zoom:
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@JosephEStiglitz
Joseph E. Stiglitz
4 years
Social media and the ever present camera has made us see vividly what used to be less visible. Vote in November with empathy and understanding of this history of oppression or there will be no national healing. Our divide will only get larger. #BlackLivesMatter
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@JosephEStiglitz
Joseph E. Stiglitz
9 years
My latest Op-Ed for Project Syndicate--Europe's Attack on Greek Democracy http://t.co/cHObMqhYXu
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@JosephEStiglitz
Joseph E. Stiglitz
5 years
My new book, published by @wwnorton , out today. #PeoplePowerProfits
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@JosephEStiglitz
Joseph E. Stiglitz
16 days
Out today! To order online:
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
It's that time of year again when I am looking for Econ PhD candidates who would like to do a post-doc at Columbia University under my supervision. Please apply by November 24, 2022.
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
Nor do I support the policies of Marine Le Pen or her political party.
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@JosephEStiglitz
Joseph E. Stiglitz
3 years
Our new paper
@nberpubs
NBER
3 years
Labor-saving advances in AI may undo gains from globalization of developing countries and pose new challenges for economic development, from @akorinek and @JosephEStiglitz
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@JosephEStiglitz
Joseph E. Stiglitz
2 years
"Hoarding the rights and recipes to life-saving, pandemic-ending medicines means letting people die, letting the pandemic struggle on, endangering everyone, and undermining the global economy," says @Winnie_Byanyima , and I agree.
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@JosephEStiglitz
Joseph E. Stiglitz
7 years
PhD candidates: Interested in a Postdoctoral Fellowship at Columbia University under my supervision? Applications:
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