|In the autobiographical essay that he wrote for the for the Nobel Prize Committee, economist Joseph Stiglitz tells how he grew up in a home that "worshipped FDR" and where "political issues were often discussed, and debated intensely." He also credits his hometown of Gary, Indiana, for making him aware of the issue he was to write about later, as an economist and public intellectual. "The poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could be done about them?" Stiglitz was educated at Amherst College, majored in economics, and was active in politics. He went to M.I.T., where he worked with Paul Samuelson, and then was recruited for the University of Chicago by Hirofumi Uzawa. After that he went to Cambridge on a Fulbright fellowship. All these years, he worked in various research areas, including, he says, the economics of uncertainty and of information.|In the 1990s, Stiglitz joined the Clinton administration, where he was an advocate of what is known as "the Third Way." He also developed an interest in the environment. He served as chief economist for the World bank, but caused resentment with his criticism of some of its policies. As author of two bestselling books, GLOBALIZATION AND ITS DISCONTENTS and MAKING GLOBALIZATION WORK, Joseph Stiglitz is one of the respected liberal commentators on world economic issues such as poverty, the environment, and economic justice -- the same issues he was aware of as a young boy growing up in Gary, Indiana.