Economist:Joseph Stiglitz: Difference between revisions
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Joseph Stiglitz
Biography
American economist and Nobel laureate (2001). Former Chief Economist of the World Bank.
School of Thought
New Keynesian Economics
Notable Quotes
On Wealth Inequality and Technology
"The problem is not that AI will take all the jobs, but that the benefits of AI-driven productivity gains won't be equally shared."
—Joseph Stiglitz, People, Power, and Profits (2019), p. 142, W. W. Norton & Company
On Intangible Assets and Valuation
"We've moved from an economy based on manufacturing to one based on information, but our economic models haven't caught up."
—Joseph Stiglitz, The Euro: How a Common Currency Threatens the Future of Europe (2016), p. 89, W. W. Norton & Company