Skip to main content

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated Cookie policy, Privacy policy and Terms & Conditions

Michael Spence

Michael Spence

Writing for PS since 2008
141 commentaries

Website

Michael Spence, a Nobel laureate in economics, is Professor of Economics Emeritus and a former dean of the Graduate School of Business at Stanford University. He is Senior Fellow at the Hoover Institution, serves on the Academic Committee at Luohan Academy, and co-chairs the Advisory Board of the Asia Global Institute. He was chairman of the independent Commission on Growth and Development, an international body that from 2006-10 analyzed opportunities for global economic growth, and is the author of The Next Convergence: The Future of Economic Growth in a Multispeed World.  

Sort by: Show:
Follow Michael Spence

Never miss a commentary by Michael Spence

  1. posner13_SAUL LOEBAFP via Getty Images_obama SAUL LOEB/AFP via Getty Images

    Long Live the Imperial Presidency?

    Eric Posner

    Over time, the office of the US presidency has grown only more powerful, despite perennial hand-wringing by commentators and the party that is out of power. Though there are a number of possible explanations for this trend, the most straightforward is that it is what the public wants.

    offers a historical explanation for why the US executive branch continues to amass ever more power.
    5
  2. rodrik184_SUSAN WALSHPOOLAFP via Getty Images_jerome SUSAN WALSH/POOL/AFP via Getty Images

    Beware Economists Bearing Policy Paradigms

    Dani Rodrik

    US President Joe Biden's administration has embarked on a bold and long-overdue departure from the economic policy orthodoxy that has prevailed in the US and much of the West since the 1980s. But those who are seeking a new economic paradigm should be careful what they wish for.

    explains why the last thing the world – or the economics profession – needs is a new ossified orthodoxy.
    1

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.