Globalization and Its Discontents

Globalization and Its Discontents by Joseph E. Stiglitz was published in 2002 and has become a very prominent book in the globalization debate. The success of the book has two reasons, the first being the author himself. The U.S. American Joseph E. Stiglitz (born 1943) is a very well-known economist, public intellectual, and policy adviser in a global, academic, and political context. First of all, he was awarded the Nobel Prize for economics in 2001 (jointly with George A. Akerlof and Michael Spence) for his work on [Page 796]markets and information, especially on the asymmetry of information. Stiglitz has worked at a number of prestigious universities (Princeton, Yale, and Stanford Universities among others), he was the economic chief adviser of U.S. president Bill Clinton (till ...