Fordham University            The Jesuit University of New York  

Nobel Prize Winner to Speak at Fordham

Contact: Michael Larkin
(212) 636-7175

NEW YORK—Joseph Stiglitz, the 2001 Nobel Prize winner in Economics and former chief economist of the World Bank, will give a lecture “Free Trade for All” on Wednesday, Feb. 8 at 3 p.m. in Flom Auditorium in the William D. Walsh Family Library on the Rose Hill campus. The lecture is being sponsored by Distinguished Professor Dominick Salvatore, department of economics.

Stiglitz played a pivotal role in the creation of the Economics of Information, and his work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve market performance. In his recently published book, Free Trade for All (Oxford University Press, 2005), Stiglitz and co-author Andrew Charlton propose a new model for managing trade relationships between the richest and the poorest countries. Their approach is designed to open up markets in the interests of all and not just the most powerful economies, to ensure that trade promotes development and to minimize the costs of adjustments.

TIME:     3 P.M.
              BRONX, NEW YORK

Founded in 1841, Fordham is the Jesuit University of New York, offering exceptional education distinguished by the Jesuit tradition to approximately 15,800 students in its five undergraduate colleges and its six graduate and professional schools. It has residential campuses in the Bronx, Manhattan and Tarrytown, and the Louis Calder Center Biological Field Station in Armonk, N.Y.

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