Mr. Stiglitz served as a World Bank Chief Economist and Senior Vice President in development economics from 1997 to 1999. Prior to that, he served on President Clinton's economic team as chairman of the U.S. Council of Economic Advisors from 1993 to 1997.
In 2001, Mr. Stiglitz accepted a joint chaired professorship at Columbia Business School, the Graduate School of Arts and Sciences (in the Department of Economics) and the School of International and Public Affairs.
In October 2001, Mr. Stiglitz was awarded the Nobel Prize for Economics. He has been a fellow of the Econometric Society since the age of 29 — and is a member of the National Academy of Science. He also received the prestigious John Bates Clark Medal. He was a Fulbright Scholar and a Tapp Junior Research Fellow at Cambridge University in 1970.