Economist and Nobel Prize winner this book is a practical and accessible guide to understanding the life and works of Joseph Stiglitz. In 50 minutes you will be able to: Recognize and understand the main ideas behind the contributions of Joseph Stiglitz and his New Keynesian approach. Identify the impact his work had on both economics and politics, and the new concepts and tools that he conceptualized. Understand the limits of his contributions and the criticisms held by other experts in his field, as well as the many extensions and related ideas that have been developed. 50 MINUTES provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. They are the starting point for readers to develop their skills and expertise.