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Michael Spence

Michael Spence

Writing for PS since 2008
154 commentaries

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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, Senior Advisor to General Atlantic, and Chairman of the firm’s Global Growth Institute. He serves on the Academic Committee at Luohan Academy, and 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 (Macmillan Publishers, 2012).

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  5. nye231_Sean GallupGetty Images_ukrainenuclear Sean Gallup/Getty Images

    Will the Ukraine War Fuel Nuclear Proliferation?

    Joseph S. Nye, Jr.

    While it is tempting to think that Ukraine would have remained safe if only it had held onto its Soviet-era nuclear warheads, that framing of the issue is too simplistic. Ultimately, all countries would benefit more in the long term from a strong non-proliferation regime than from possessing their own arsenals.

     considers what lessons the rest of the world will take from the asymmetrical conflict in Europe.
  9. rodrik198_Chip SomodevillaGetty Images_janet yellen Chip Somodevilla/Getty Images

    The New Productivism Paradigm?

    Dani Rodrik

    There are signs of a major reorientation toward an economic policy framework that is rooted in production, work, and localism instead of finance, consumerism, and globalism. It might just turn into a new policy model that captures imaginations across the political spectrum.

     points to the emergence of a fresh economic policy approach that might unite the right and the left.

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