Joseph Stiglitz
Definition
American economist (b. 1943), 2001 Nobel co-laureate. Pioneer of information economics; influential critic of laissez-faire and IMF policy.
Example
Stiglitz showed how asymmetric information breaks the welfare theorems.
American economist (b. 1943), 2001 Nobel co-laureate. Pioneer of information economics; influential critic of laissez-faire and IMF policy.
Stiglitz showed how asymmetric information breaks the welfare theorems.