Skip to main content

Michael Spence

Michael Spence

Writing for PS since 2008
156 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, 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).

Sort by: Show:
  1. Whither the ESG Revolution?
    spence154_Hiroshi WatanabeGetty Images_ESG Hiroshi Watanabe/Getty Images

    Whither the ESG Revolution?

    Sep 8, 2022 Michael Spence sees serious flaws in companies' approaches to advancing environmental, social, and governance goals.

  2. Make America Invest Again
    spence153_Alex WongGetty Images_bidenbill Alex Wong/Getty Images

    Make America Invest Again

    Aug 11, 2022 Michael Spence hopes that legislation like the CHIPS and Science Act signals a much-needed shift in US policymaking.

  3. The Supply-Side Fight Against Inflation
    spence152_Yu Fangping  CostfotoFuture Publishing via Getty Images_supply inflation Yu Fangping / Costfoto/Future Publishing via Getty Images

    The Supply-Side Fight Against Inflation

    Jul 1, 2022 Michael Spence explains how economies can rein in accelerating price growth without tipping into recession.

  4. The Global Economy in Transition
    spence151_ TIMOTHY A. CLARYAFP via Getty Images_stockmarket Timothy A. Clary/AFP via Getty Images

    The Global Economy in Transition

    May 31, 2022 Michael Spence assesses the likely trajectories of economic growth, inflation, innovation, and the shift to green energy.

  5. Good US-China Strategic Competition
    spence150_NICOLAS ASFOURIAFP via Getty Images_technologymanufacturing Nicolas Asfouri/AFP via Getty Images

    Good US-China Strategic Competition

    May 2, 2022 Michael Spence makes the case for an approach to technological development that bolsters global growth and innovation.

Follow Michael Spence

Never miss a commentary by Michael Spence

  1. acemoglu53_Lea SuzukiThe San Francisco Chronicle via Getty Images_google Lea Suzuki/The San Francisco Chronicle via Getty Images

    Why Businesses Misbehave

    Daron Acemoglu thinks narratives about heroic entrepreneurs and villainous tycoons are a distraction from what matters most.
  2. GettyImages-534928704

    J. Bradford DeLong on US inflation, redistribution, economic dogma, and more

    J. Bradford DeLong explains how the US Federal Reserve is undermining market and investor confidence, urges US Democrats to uphold supply-side progressivism, and proposes a straightforward approach to addressing the problems of distribution and utilization.
  3. Investing-In-Health-For-All_Thumbnail_FinalPlay

    Helen Clark at Investing in Health for All

    Helen Clark delivers the closing keynote address at our October 2022 virtual event, Investing in Health for All.
  4. saikal8_OZAN KOSEAFP via Getty Images_iranprotests Ozan Kose/AFP via Getty Images

    Back to the Brink in Iran

    Amin Saikal explains why the regime may no longer be able to quell popular protest with force alone.
  5. tannock41_SERGEI BOBYLYOVSPUTNIKAFP via Getty Images_xi putin SERGEI BOBYLYOV/SPUTNIK/AFP via Getty Images

    Xi Jinping’s Radioactive Friend

    Charles Tannock thinks China’s president must be having second thoughts about his alliance with Vladimir Putin.
  6. basu84_ContributorGetty Images_russiaprotest Contributor/Getty Images

    All the King’s Games

    Kaushik Basu sheds light on the shadowy machinations and oppressive tactics that help authoritarian rulers stay in power.
  7. pisaniferry138_Constantin JohnnyGetty Images_EUmap Constantin Johnny/Getty Images

    How to Build the European Political Community

    Jean Pisani-Ferry & Daniela Schwarzer urge those attending the EU's upcoming Prague summit to establish ambitious goals and a long-term timetable.
  8. elerian152_Ian ForsythGetty Images_kwarteng Ian Forsyth/Getty Images

    A Shocking Ten Days for the UK

    Mohamed A. El-Erian

    Recent policy decisions in the United Kingdom have jeopardized the country’s economic well-being and financial stability, with the most vulnerable segments of the population facing the greatest risks. But with rapid and coordinated action, policymakers can still change course.

    explains what policymakers must do to avoid further financial and economic upheaval.
  9. Greene-Ibrahim_She-Writes

    Megan Greene and Hindou Ibrahim

    Oct 3, 2022

    Megan Greene is a senior fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School and a member of the Regenerative Crisis Response Committee.

    Hindou Ibrahim is Founder and President of the Association for Indigenous Women and Peoples of Chad and Co-Chair of the International Indigenous Peoples Forum on Climate Change.

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.