Which economic theory does Joseph Stiglitz support?
Marxist economics
Austrian economics
Georgist public finance theory
Chicago school economics
Answer
Joseph Stiglitz is known for his support for the Georgist public finance theory. This economic theory advocates for the taxation of land and other natural resources, while advocating for the reduction or elimination of taxes on labor and capital.
Test Your Knowledge: The Life and Legacy of Economist Joseph Stiglitz
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What is Joseph Stiglitz's academic rank at Columbia University?
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