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I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.
Joseph Stiglitz
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Time and trouble will tame an advanced young woman, but an advanced old woman is uncontrollable by any earthly force.
Dorothy L. Sayers
Joseph Stiglitz
Creative Commons
Born:
February 9, 1943
(age 81)
Bio:
Joseph Eugene Stiglitz is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences and the John Bates Clark Medal.
Known for:
Globalization and Its Discontents (2002)
The Great Divide (2015)
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