Stiglitz is an American economist, public policy analyst, and professor at Columbia University. Stiglitz was Chair of the Council of Economic Advisers from 1995 to 1997, and Chief Economist of the World Bank from 1997 to 2000. A supporter of Georgist public finance theory and critic of the management of globalisation, laissez-faire economics, and international institutions, Stiglitz received the Nobel Memorial Prize in Economic Sciences in 2001.