Book Discussion With Professors Joseph Stiglitz and Glenn Hubbard
Thursday, December 5th, 2024
6:00 PM - 7:30 PM
Columbia Business School, Geffen Hall, Room 590
In his new book, The Road to Freedom: Economics and the Good Society, Professor Joseph Stiglitz argues that it's time for the United States to articulate a broader conception of freedom than the one co-opted by the Right. Rather than free markets, this type of freedom means citizens are able to realize their economic potential through good education, access to healthcare, job opportunities and livable wages.
The book looks at the past 40 years of neoliberalism and maps out a way forward that focuses on the wellbeing of all of society.
Professor Joseph Stiglitz and Professor Glenn Hubbard met to discuss the book and the state of the economy today.
Chief Economist for the Roosevelt Institute
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, the co-chair of The Independent Commission for the Reform of International Corporate Taxation (ICRICT) and the Chief Economist of the Roosevelt Institute.
Stiglitz was awarded the Nobel Prize in Economics in 2001. He is a former senior vice president and chief economist of the World Bank and a former member and chairman of the Council of Economic Advisers. Stiglitz founded the Initiative for Policy Dialogue, a think tank on international development based at Columbia University, in 2000. 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. In 2024 he was named an Honorary Academician by the Pontifical Academy of Social Sciences. He is the author of numerous books, including, most recently, The Road to Freedom: Economics and the Good Society.
Professor Hubbard is a specialist in public economics, managerial information and incentive problems in corporate finance, and financial markets and institutions. He has written more than 100 articles and books on corporate finance, investment decisions, banking, energy economics and public policy, including two textbooks, and has authored The Wall and the Bridge and coauthored Balance, The Aid Trap, and Healthy, Wealthy, and Wise. Hubbard has applied his research interests in business (as a corporate director consultant on taxation and corporate finance), in government (as a former Chair of the U.S. Council of Economic Advisers and the OECD Economic Policy Committee, as well as Deputy Assistant Secretary of the U.S. Treasury Department and as a consultant to the Federal Reserve Board, Federal Reserve Bank of New York, and many government agencies) and in academia (in faculty collaboration or visiting appointments at Columbia, University of Chicago and Harvard).
He is co-chair the Committee on Capital Markets and Regulation and past chair of the Economic Club of New York and the Study Group on Corporate Boards. Hubbard is chair of the MetLife and BlackRock Fixed-Income boards and serves on the board of TotalEnergies. His past board service includes ADP, Duke Realty, and KKR Financial Corporation, along with private firms.