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Joseph E Stiglitz is a Professor at Columbia University in New York, where he is also founder and co-president of the university's Initiative for Policy Dialogue. He is also the co- chair of High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the Organisation for Economic Co-operation and Development (OECD), and the chief economist of the Roosevelt Institute. He was awarded the Nobel Prize in Economics in 2001 for his analyses of markets with asymmetric information.