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Michael Spence

Michael Spence

Writing for PS since 2008
144 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, 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.  

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  1. mueller33_MICHAEL KAPPELERPOOLAFP via Getty Images_scholzlaschetgermanelection Michael Kappeler/Pool/AFP via Getty Images

    The Good and Bad in Germany's Election

    Jan-Werner Mueller

    While the composition of Germany’s next government remains unknown, there are already some lessons that can be drawn from the outcome of the federal election. The most important is that mainstream parties can succeed without pandering to populists and attempting to co-opt far-right movements.

    argues that German voters chose policy over populism, but that the far right will be encouraged by the result.
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