Universities, the Enlightenment, and Rising Standards of Living with Nobel Laureate Joseph E. Stiglitz
The Enlightenment represented a revolution in how we saw the world: Science gave us new tools to understand the universe around us, and advances in what came to be called the social sciences provide new insights into political, economic, and social organization.
Underlying both were fundamental notions of truth and knowledge and how it could be ascertained. In turn, these advances provided the foundations for rising standards of living, improved health, and increasing longevity. Universities have played a central role in creating and disseminating knowledge and in enhancing our understanding of what is knowledge. Unfortunately, these advances and the institutions which promote them are now under challenge, threatening the future well-being of our society and advances in knowledge and standards of living. It is important to know why that is so and what can be done about it.
The Q&A will be moderated by Vincent Wang, PhD, dean of the College of Arts and Sciences and the event is sponsored by the Mary Louise Buchanan Lecture endowment.
About the Speaker
Joseph E. Stiglitz
Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute. A recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979), he is a former senior vice president and chief economist of the World Bank and a former member and chairman of the (US president’s) Council of Economic Advisers. In 2000, Stiglitz founded the Initiative for Policy Dialogue, a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001 and received that university’s highest academic rank (university professor) in 2003. In 2011 Stiglitz was named by Time magazine as one of the 100 most influential people in the world. Known for his pioneering work on asymmetric information, Stiglitz’s work focuses on income distribution, risk, corporate governance, public policy, macroeconomics and globalization. He is the author of numerous books, and several bestsellers. His most recent titles are People, Power, and Profits, Rewriting the Rules of the European Economy, Globalization and Its Discontents Revisited, The Euro and Rewriting the Rules of the American Economy.