My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth.

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• Joseph Stiglitz:

  If stability and efficiency required that there existed markets that extended infinitely far into t

• Joseph Stiglitz:

  Much of my work in this period was concerned with exploring the logic of economic models, but also

• Joseph Stiglitz:

  Economists often like startling theorems, results which seem to run counter to conventional wisdom.

• Joseph Stiglitz:

  But individuals and firms spend an enormous amount of resources acquiring information, which affect

• Joseph Stiglitz:

  As I noted in my Nobel lecture, an early insight in my work on the economics of information concern

• Joseph Stiglitz:

  I recognized that information was, in many respects, like a public good, and it was this insight th

• Joseph Stiglitz:

  I think in part the reason is that seeing an economy that is, in many ways, quite different from th

• Joseph Stiglitz:

  I knew that discrimination existed, even though there were many individuals who were not prejudiced

• Joseph Stiglitz:

  Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affect

• Joseph Stiglitz:

  International lending banks need to focus on areas where private investment doesn't go, such as inf