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Internationally recognized as one of the leading economists of his generation, Joseph W. Stiglitz (born 1943) is the Joan Kennedy professor of economics at Stanford University and a senior fellow at the Hoover Institute. During his recent leave from Stanford, Professor Stiglitz served as chairman of President Clinton's Council of Economic Advisors and then as chief economist at the World Bank. He has also served on the faculties of Yale, Princeton, and Oxford. Professor Stiglitz received his BA from Amherst College and his Ph.D. from MIT.