Joseph Stiglitz
Joseph Eugene Stiglitz is an American New Keynesian economist, a public policy analyst, political activist, and a professor at Columbia University. He is 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. He is also a former member and chairman of the U.S. Council of Economic Advisers. He is known for his support for the Georgist public finance theory and for his critical view of the management of globalization, of laissez-faire economists, and of international institutions such as the International Monetary Fund and the World Bank. .. more
H-index:
177
Affiliated with Columbia University
Reposted by Joseph Stiglitz
Media distrust is growing, and the stakes are undeniably high. IGP Faculty Advisory Board Member @josephestiglitz.bsky.social joined Affiliated Faculty Member Anya Schiffirin and experts from around the world at the Media Governance Conference in Spain.
July 14, 2025 at 6:28 PM
Media distrust is growing, and the stakes are undeniably high. IGP Faculty Advisory Board Member @josephestiglitz.bsky.social joined Affiliated Faculty Member Anya Schiffirin and experts from around the world at the Media Governance Conference in Spain.
As more and more activity occurs online countries are losing revenue from sales, employment and profits taxes. Just because an activity is provided digitally doesn’t mean it should not be taxed. My op-ed in @theguardian.com www.theguardian.com/commentisfre...
Trump is bullying Canada over ‘digital taxes’ and Canada caved | Joseph Stiglitz
The question now: will countries cave in to these threats or stick together and collect the billions they are rightly owed?
www.theguardian.com
July 8, 2025 at 6:06 PM
As more and more activity occurs online countries are losing revenue from sales, employment and profits taxes. Just because an activity is provided digitally doesn’t mean it should not be taxed. My op-ed in @theguardian.com www.theguardian.com/commentisfre...
Reposted by Fabián Muniesa, Gabriel Zucman, Beate Sjåfjell
Think how much you pay in taxes. Now think about this: The ultra-wealthy pay between 0% and 0.6% of their wealth in individual income tax – around 0.6% in a country like the United States and 0.1% in a country like France.
We wrote about it in @lemonde.fr www.lemonde.fr/en/opinion/a...
We wrote about it in @lemonde.fr www.lemonde.fr/en/opinion/a...
Tax on ultra-rich: 'France has the opportunity to lead the way,' say Nobel Prize-winning economists
OP-ED. As public deficits balloon and extreme wealth explode, creating a minimum tax on the assets of billionaires should be a priority, argue seven Nobel Prize-winning economists in an op-ed for Le M...
www.lemonde.fr
July 7, 2025 at 6:46 PM
Think how much you pay in taxes. Now think about this: The ultra-wealthy pay between 0% and 0.6% of their wealth in individual income tax – around 0.6% in a country like the United States and 0.1% in a country like France.
We wrote about it in @lemonde.fr www.lemonde.fr/en/opinion/a...
We wrote about it in @lemonde.fr www.lemonde.fr/en/opinion/a...
An international call for action just got louder:
Today, 7 Nobel Laureates have issued a powerful call for a minimum tax on the ultra-wealthy in Le Monde
Here’s a quick breakdown of the debate—and where things stand globally
🧵
www.lemonde.fr/en/opinion/a...
Today, 7 Nobel Laureates have issued a powerful call for a minimum tax on the ultra-wealthy in Le Monde
Here’s a quick breakdown of the debate—and where things stand globally
🧵
www.lemonde.fr/en/opinion/a...
Tax on ultra-rich: 'France has the opportunity to lead the way,' say Nobel Prize-winning economists
OP-ED. As public deficits balloon and extreme wealth explode, creating a minimum tax on the assets of billionaires should be a priority, argue seven Nobel Prize-winning economists in an op-ed for Le M...
www.lemonde.fr
July 7, 2025 at 5:09 PM
An international call for action just got louder:
Today, 7 Nobel Laureates have issued a powerful call for a minimum tax on the ultra-wealthy in Le Monde
Here’s a quick breakdown of the debate—and where things stand globally
🧵
www.lemonde.fr/en/opinion/a...
Today, 7 Nobel Laureates have issued a powerful call for a minimum tax on the ultra-wealthy in Le Monde
Here’s a quick breakdown of the debate—and where things stand globally
🧵
www.lemonde.fr/en/opinion/a...
Reposted by Joseph Stiglitz
Watch @josephestiglitz.bsky.social on the new frame for global taxation trends panel at Ffd4
@icrict.bsky.social
www.youtube.com/watch?v=Sxfh...
@icrict.bsky.social
www.youtube.com/watch?v=Sxfh...
Stiglitz FFD4 Sevilla 2nd intervention July 3
YouTube video by ICRICT
www.youtube.com
July 4, 2025 at 9:13 AM
Watch @josephestiglitz.bsky.social on the new frame for global taxation trends panel at Ffd4
@icrict.bsky.social
www.youtube.com/watch?v=Sxfh...
@icrict.bsky.social
www.youtube.com/watch?v=Sxfh...
Reposted by Joseph Stiglitz
“In one day, in one hour, the #G7 destroyed 14 years of global governance and made a mockery of the #G20/#OECD Inclusive Framework by destroying the global minimum tax on multinationals” @josephestiglitz.bsky.social at #FfD4
#TaxThePower
#TaxThePower
July 3, 2025 at 11:52 AM
“In one day, in one hour, the #G7 destroyed 14 years of global governance and made a mockery of the #G20/#OECD Inclusive Framework by destroying the global minimum tax on multinationals” @josephestiglitz.bsky.social at #FfD4
#TaxThePower
#TaxThePower
Why wouldn't we want multinational corporations to pay their share of taxes? It's mind-boggling. #FfD4
“In one day, in one hour, the #G7 destroyed 14 years of global governance and made a mockery of the #G20/#OECD Inclusive Framework by destroying the global minimum tax on multinationals” @josephestiglitz.bsky.social at #FfD4
#TaxThePower
#TaxThePower
July 3, 2025 at 1:39 PM
Why wouldn't we want multinational corporations to pay their share of taxes? It's mind-boggling. #FfD4
Reposted by Joseph Stiglitz
@josephestiglitz.bsky.social talked of the high interest rates charged by private creditors, and how they continue to get repaid via new loans
The private creditors profit while countries in the Global South go further and further into debt
We need to change the laws that incentivise this!
The private creditors profit while countries in the Global South go further and further into debt
We need to change the laws that incentivise this!
July 2, 2025 at 1:36 PM
@josephestiglitz.bsky.social talked of the high interest rates charged by private creditors, and how they continue to get repaid via new loans
The private creditors profit while countries in the Global South go further and further into debt
We need to change the laws that incentivise this!
The private creditors profit while countries in the Global South go further and further into debt
We need to change the laws that incentivise this!
Yes, we do
@josephestiglitz.bsky.social talked of the high interest rates charged by private creditors, and how they continue to get repaid via new loans
The private creditors profit while countries in the Global South go further and further into debt
We need to change the laws that incentivise this!
The private creditors profit while countries in the Global South go further and further into debt
We need to change the laws that incentivise this!
July 2, 2025 at 2:36 PM
Yes, we do
Reposted by Joseph Stiglitz
@JosephEStiglitz shares a panel with @sanchezcastejon @PR_Diomaye : "Markets and CRA's routinely exagerate the risks of default by African countries" #FFD4 #FFD4People
July 2, 2025 at 1:35 PM
@JosephEStiglitz shares a panel with @sanchezcastejon @PR_Diomaye : "Markets and CRA's routinely exagerate the risks of default by African countries" #FFD4 #FFD4People
Reposted by Joseph Stiglitz
At #FfD4 debt roundtable, @josephestiglitz.bsky.social says current global debt architecture is not fit for purpose, and that ineffective responses make problem worse - ceasing de facto bailouts of private creditors by World Bank and IMF, and new issuances of #SDRs, are among actions needed
July 2, 2025 at 1:31 PM
At #FfD4 debt roundtable, @josephestiglitz.bsky.social says current global debt architecture is not fit for purpose, and that ineffective responses make problem worse - ceasing de facto bailouts of private creditors by World Bank and IMF, and new issuances of #SDRs, are among actions needed
Reposted by Joseph Stiglitz
@josephestiglitz.bsky.social at #FFD4: “Good health is important for a strong economy, and vice versa. It’s a vicious circle. We need aid to finance health systems.”
Live from UN's #FinancingOurFuture conference in Sevilla:
🔴 https://f.mtr.cool/jcosxnwlsy
#OurCommonFuture #ISGlobal
Live from UN's #FinancingOurFuture conference in Sevilla:
🔴 https://f.mtr.cool/jcosxnwlsy
#OurCommonFuture #ISGlobal
July 2, 2025 at 1:10 PM
@josephestiglitz.bsky.social at #FFD4: “Good health is important for a strong economy, and vice versa. It’s a vicious circle. We need aid to finance health systems.”
Live from UN's #FinancingOurFuture conference in Sevilla:
🔴 https://f.mtr.cool/jcosxnwlsy
#OurCommonFuture #ISGlobal
Live from UN's #FinancingOurFuture conference in Sevilla:
🔴 https://f.mtr.cool/jcosxnwlsy
#OurCommonFuture #ISGlobal
With Winnie Byanyima: @elpais.com Aid cuts have thrown critical health and humanitarian work into turmoil and economic uncertainty and unsustainable debt burdens are draining government budgets so no money to deal with pandemics, violent conflict and climate crises
english.elpais.com/opinion/2025...
english.elpais.com/opinion/2025...
The challenge at UN aid conference: Governments cannot paper over the cracks in development funding
At the United Nations summit in Seville, governments cannot simply cover up the shortcomings of a collapsing developing finance system
english.elpais.com
July 1, 2025 at 7:09 PM
With Winnie Byanyima: @elpais.com Aid cuts have thrown critical health and humanitarian work into turmoil and economic uncertainty and unsustainable debt burdens are draining government budgets so no money to deal with pandemics, violent conflict and climate crises
english.elpais.com/opinion/2025...
english.elpais.com/opinion/2025...
With @carloscuerpo.bsky.social, the latest for @projectsyndicate.bsky.social, on the FfD conf. in Seville. "There has been far too much finance of the kind that leads to financial distress, and far too little of the kind that promotes sustained growth."
www.project-syndicate.org/commentary/f...
www.project-syndicate.org/commentary/f...
How to Put Development Finance Back on Track
Carlos Cuerpo & Joseph E. Stiglitz see an opportunity to start reshaping the global sovereign-debt and financial architecture.
www.project-syndicate.org
July 1, 2025 at 5:57 PM
With @carloscuerpo.bsky.social, the latest for @projectsyndicate.bsky.social, on the FfD conf. in Seville. "There has been far too much finance of the kind that leads to financial distress, and far too little of the kind that promotes sustained growth."
www.project-syndicate.org/commentary/f...
www.project-syndicate.org/commentary/f...
Thanks to Patti Cohen of @nytimes.com for mentioning our Jubilee Commission report on sovereign debt in her excellent piece on debt relief.
www.nytimes.com/2025/07/01/b...
www.nytimes.com/2025/07/01/b...
As Debt Piles Up, Countries See Fiscal Relief as Political Leverage
www.nytimes.com
July 1, 2025 at 5:52 PM
Thanks to Patti Cohen of @nytimes.com for mentioning our Jubilee Commission report on sovereign debt in her excellent piece on debt relief.
www.nytimes.com/2025/07/01/b...
www.nytimes.com/2025/07/01/b...
Once again, G7 governments have decided to put the interests of multinationals ahead of the interests of developing countries, small and medium-size businesses, and their own citizens, lament @josephestiglitz.bsky.social, Jose Ocampo, and Jayati Ghosh. bit.ly/44FQhGB
A Tax Victory for Multinationals Over People
Joseph E. Stiglitz, José Antonio Ocampo and Jayati Ghosh lament the G7’s decision to exempt US corporations from the global minimum tax rate agreed in 2021.
bit.ly
June 30, 2025 at 4:27 PM
Once again, G7 governments have decided to put the interests of multinationals ahead of the interests of developing countries, small and medium-size businesses, and their own citizens, lament @josephestiglitz.bsky.social, Jose Ocampo, and Jayati Ghosh. bit.ly/44FQhGB
The G7’s decision to let US multinationals off the hook weakens even that the modest floor of a 15% global tax and sends the wrong message to the rest of the world. A @projectsyndicate.bsky.social piece with @jayatighosh.bsky.social and Jose Antonio Ocampo. www.project-syndicate.org/commentary/g...
A Tax Victory for Multinationals Over People
Joseph E. Stiglitz, José Antonio Ocampo and Jayati Ghosh lament the G7’s decision to exempt US corporations from the global minimum tax rate agreed in 2021.
www.project-syndicate.org
June 30, 2025 at 3:48 PM
The G7’s decision to let US multinationals off the hook weakens even that the modest floor of a 15% global tax and sends the wrong message to the rest of the world. A @projectsyndicate.bsky.social piece with @jayatighosh.bsky.social and Jose Antonio Ocampo. www.project-syndicate.org/commentary/g...
🎯 @josephestiglitz.bsky.social BLASTS the G7 deal to spare US multinationals from paying the global minimum tax:
"It is unacceptable that some governments are choosing to give up public revenues (...) and precisely from the most powerful economic actors"
In FT: www.ft.com/content/e996...
"It is unacceptable that some governments are choosing to give up public revenues (...) and precisely from the most powerful economic actors"
In FT: www.ft.com/content/e996...
US multinationals on track for minimum tax reprieve after G7 deal
Campaigners say agreement with Washington threatens to kill landmark accord
www.ft.com
June 29, 2025 at 7:07 AM
🎯 @josephestiglitz.bsky.social BLASTS the G7 deal to spare US multinationals from paying the global minimum tax:
"It is unacceptable that some governments are choosing to give up public revenues (...) and precisely from the most powerful economic actors"
In FT: www.ft.com/content/e996...
"It is unacceptable that some governments are choosing to give up public revenues (...) and precisely from the most powerful economic actors"
In FT: www.ft.com/content/e996...
Please join us if you are able!
Join IPD at the Fourth Financing for Development Conference (FfD4) to continue the conversation on the Jubilee Report @josephestiglitz.bsky.social @martinguzman.bsky.social #jubileereport
Event details here: ipdcolumbia.org/wp-content/u...
Event details here: ipdcolumbia.org/wp-content/u...
June 27, 2025 at 4:29 PM
Please join us if you are able!
📊 Thurs, July 3 — 10:30 AM–12:00 PM
New Framework for Global Taxation Trends
📍 Sala FIBES 1, Pabellón 2
🎤 @josephestiglitz.bsky.social & Enoch Godongwana,
Mario Marcel, Vítor Gaspar, Susana Ruiz
#FFD4 #TaxTheSuperRich
Find the complete program of #FfD4 here: financing.desa.un.org/ffd4/programme
New Framework for Global Taxation Trends
📍 Sala FIBES 1, Pabellón 2
🎤 @josephestiglitz.bsky.social & Enoch Godongwana,
Mario Marcel, Vítor Gaspar, Susana Ruiz
#FFD4 #TaxTheSuperRich
Find the complete program of #FfD4 here: financing.desa.un.org/ffd4/programme
FFD4 Programme | FFD4
FFD4 conference will feature a dynamic and inclusive programme comprising the official programme, side and special events, and other key events and activities.
financing.desa.un.org
June 26, 2025 at 7:12 AM
📊 Thurs, July 3 — 10:30 AM–12:00 PM
New Framework for Global Taxation Trends
📍 Sala FIBES 1, Pabellón 2
🎤 @josephestiglitz.bsky.social & Enoch Godongwana,
Mario Marcel, Vítor Gaspar, Susana Ruiz
#FFD4 #TaxTheSuperRich
Find the complete program of #FfD4 here: financing.desa.un.org/ffd4/programme
New Framework for Global Taxation Trends
📍 Sala FIBES 1, Pabellón 2
🎤 @josephestiglitz.bsky.social & Enoch Godongwana,
Mario Marcel, Vítor Gaspar, Susana Ruiz
#FFD4 #TaxTheSuperRich
Find the complete program of #FfD4 here: financing.desa.un.org/ffd4/programme
Thank you to Helen Murphy for including our Jubilee Commission report on Sovereign Debt at the Vatican in her Devex Newswire newsletter pages.devex.com/index.php/em...
pages.devex.com
June 25, 2025 at 3:25 PM
Thank you to Helen Murphy for including our Jubilee Commission report on Sovereign Debt at the Vatican in her Devex Newswire newsletter pages.devex.com/index.php/em...
Countries are hobbled by debt, funneling money to creditors instead of to health, education or infrastructure. @josephestiglitz.bsky.social and @martinguzman.bsky.social headed a Jubilee Commission report that suggests remedies. Worth a read or a watch
Missed the launch of the Jubilee Report on June 20? The full launch event is now available to watch here:
Morning session: www.youtube.com/watch?v=Ks7b...
Afternoon session: www.youtube.com/watch?v=F28t...
@martinguzman.bsky.social @josephestiglitz.bsky.social
Morning session: www.youtube.com/watch?v=Ks7b...
Afternoon session: www.youtube.com/watch?v=F28t...
@martinguzman.bsky.social @josephestiglitz.bsky.social
Launch of Jubilee Report — Afternoon Session
YouTube video by Initiative for Policy Dialogue
www.youtube.com
June 24, 2025 at 2:10 PM
Countries are hobbled by debt, funneling money to creditors instead of to health, education or infrastructure. @josephestiglitz.bsky.social and @martinguzman.bsky.social headed a Jubilee Commission report that suggests remedies. Worth a read or a watch
Missed the launch of the Jubilee Report on June 20? The full launch event is now available to watch here:
Morning session: www.youtube.com/watch?v=Ks7b...
Afternoon session: www.youtube.com/watch?v=F28t...
@martinguzman.bsky.social @josephestiglitz.bsky.social
Morning session: www.youtube.com/watch?v=Ks7b...
Afternoon session: www.youtube.com/watch?v=F28t...
@martinguzman.bsky.social @josephestiglitz.bsky.social
Launch of Jubilee Report — Afternoon Session
YouTube video by Initiative for Policy Dialogue
www.youtube.com
June 24, 2025 at 10:30 AM
Missed the launch of the Jubilee Report on June 20? The full launch event is now available to watch here:
Morning session: www.youtube.com/watch?v=Ks7b...
Afternoon session: www.youtube.com/watch?v=F28t...
@martinguzman.bsky.social @josephestiglitz.bsky.social
Morning session: www.youtube.com/watch?v=Ks7b...
Afternoon session: www.youtube.com/watch?v=F28t...
@martinguzman.bsky.social @josephestiglitz.bsky.social
We thank Judge Mohamed Abdelsalam for his support.
Judge Mohamed Abdelsalam, Secretary-General, Muslim Council of Elders expresses deep admiration for the Jubilee Report’s “content and profound vision” and “stand[s] ready to collaborate”
#jubileereport @martinguzman.bsky.social @josephestiglitz.bsky.social
#jubileereport @martinguzman.bsky.social @josephestiglitz.bsky.social
June 23, 2025 at 11:40 AM
We thank Judge Mohamed Abdelsalam for his support.
It was a great privilege to present our Jubilee Report on Sovereign Debt findings and recommendations to Cardinal Parolin. We look forward to the work we will continue to do to redesign global debt architecture. Countries must be able to strengthen critical areas like health and education.
@martinguzman.bsky.social @josephestiglitz.bsky.social and others presented the Jubilee Report’s findings and recommendations to Cardinal Parolin. All look forward to continued collaboration.
June 23, 2025 at 11:36 AM
It was a great privilege to present our Jubilee Report on Sovereign Debt findings and recommendations to Cardinal Parolin. We look forward to the work we will continue to do to redesign global debt architecture. Countries must be able to strengthen critical areas like health and education.
🚨🚨 Please read our report, commissioned by Pope Francis, out today on how to manage sovereign debt in a productive way that does not debilitate countries and their citizens. With @martinguzman.bsky.social and more than 30 leading economists. @ipdcolumbia.bsky.social ipdcolumbia.org/publication/...
The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy - Initiative for Policy Dialogue
On June 20, 2025 the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative for Policy Dialogue (IPD) published a report by a commission of global experts calling for urgent...
ipdcolumbia.org
June 20, 2025 at 1:31 PM
🚨🚨 Please read our report, commissioned by Pope Francis, out today on how to manage sovereign debt in a productive way that does not debilitate countries and their citizens. With @martinguzman.bsky.social and more than 30 leading economists. @ipdcolumbia.bsky.social ipdcolumbia.org/publication/...
With @martinguzman.bsky.social, our urgent recommendations for a better financial architecture to deal with sovereign debt. Millions of people's lives depend on it. In @economist.com www.economist.com/by-invitatio...
Joseph Stiglitz and Martín Guzmán on how to ease developing countries’ debt woes
Restructuring processes must be revamped, but governments also need better access to stable financing
www.economist.com
June 20, 2025 at 1:25 PM
With @martinguzman.bsky.social, our urgent recommendations for a better financial architecture to deal with sovereign debt. Millions of people's lives depend on it. In @economist.com www.economist.com/by-invitatio...
Just out! Read @josephestiglitz.bsky.social and @martinguzman.bsky.social piece on how to ease developing countries’ debt woes for the @economist.com
Joseph Stiglitz and Martín Guzmán on how to ease developing countries’ debt woes
Restructuring processes must be revamped, but governments also need better access to stable financing
www.economist.com
June 20, 2025 at 9:52 AM
Just out! Read @josephestiglitz.bsky.social and @martinguzman.bsky.social piece on how to ease developing countries’ debt woes for the @economist.com
The Vatican-backed Jubilee Report in now live! Join us for the Virtual Launch today, June 20, 9am to 5pm Rome: gsb-columbia-edu.zoom.us/j/92116812349
Read report: bit.ly/4kNj3e8
#JubileeReport @josephestiglitz.bsky.social @martinguzman.bsky.social
Read report: bit.ly/4kNj3e8
#JubileeReport @josephestiglitz.bsky.social @martinguzman.bsky.social
June 20, 2025 at 8:34 AM
The Vatican-backed Jubilee Report in now live! Join us for the Virtual Launch today, June 20, 9am to 5pm Rome: gsb-columbia-edu.zoom.us/j/92116812349
Read report: bit.ly/4kNj3e8
#JubileeReport @josephestiglitz.bsky.social @martinguzman.bsky.social
Read report: bit.ly/4kNj3e8
#JubileeReport @josephestiglitz.bsky.social @martinguzman.bsky.social
"The 'Compromiso de Sevilla' agreed yesterday at New York reflects a trade-off. Critical opportunities for structural transformation were lost by prioritizing minimal consensus over ambitious goals."
But the consensus adoption sends an important message that multilateralism can prevail. - ICRICT
But the consensus adoption sends an important message that multilateralism can prevail. - ICRICT
🚨The "Compromiso de Sevilla" for #FfD4 ’: A Hope for Tax Justice—Now Governments Must Deliver
🔗 Read the full ICRICT reaction to the @UN document here: shorturl.at/3aw4j
🔗 Read the full ICRICT reaction to the @UN document here: shorturl.at/3aw4j
The "Compromiso de Sevilla’: A Hope for Tax Justice—Now Governments Must Deliver - Icrict
ICRICT welcomes the adoption by the UN of the ‘Compromiso de Sevilla’ which is the outcome document for the 4th Financing for Development summit (Seville, Spain, from 30 June to 3 July 2025). This doc...
shorturl.at
June 18, 2025 at 5:58 PM
"The 'Compromiso de Sevilla' agreed yesterday at New York reflects a trade-off. Critical opportunities for structural transformation were lost by prioritizing minimal consensus over ambitious goals."
But the consensus adoption sends an important message that multilateralism can prevail. - ICRICT
But the consensus adoption sends an important message that multilateralism can prevail. - ICRICT