Nobel prize winner named to Pontifical Academy of Social Sciences

Published: 2003-12-22

VATICAN CITY (CNS) -- Pope John Paul II has named Joseph Stiglitz, an expert on globalization and a professor of economics at Columbia University in New York, to be a member of the Pontifical Academy of Social Sciences. Through their scholarly research and reflection, academy members offer the Vatican expertise on issues involving economics, politics, law and other social sciences. Pope John Paul II established the academy in 1994. Stiglitz, a native of Gary, Ind., earned his doctorate from the Massachusetts Institute of Technology in 1967 and began his teaching career at Yale University in 1969, before going to All Souls College at Oxford University in 1976. Returning to the United States in 1979, he taught at Princeton University and then at Stanford University. From 1993 to 1997, he served under President Bill Clinton on the U.S. Council of Economic Advisers, chairing the council in 1995-97. From 1995 to 2000, he served as the chief economist of the World Bank. He won the Nobel Prize for economics in 2001.

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