Michael Spence

5 out of 5
1 review

Nobel Prize-Winning Economist & Market Signaling Expert; Former Dean at Stanford Business School; Author of "The Next Convergence"

Italy
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Business, Business Consulting, Business Growth, Business Leadership, Climate Change, Conservative, Disruptive Thinking, Economy, Environmental Science, European Heritage, Family & Parenting, Finance, Government, Professors, Technology, Thought Leadership, World Affairs
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Michael Spence Biography

Michael Spence is recognized for his contributions to economics, particularly for his work on the theory of market signaling. Alongside George A. Akerlof and Joseph E. Stiglitz, Spence received the Nobel Memorial Prize in Economic Sciences for foundational research on markets with asymmetric information. Through his research, Spence developed the theory of signaling, demonstrating how individuals with more information in a market communicate that information to those with less, addressing issues related to adverse selection. In his influential paper "Job Market Signaling," Spence illustrated how a college degree can signal a job seeker's intelligence and ability to employers, shaping the understanding of information flow in labor markets and other economic sectors.

Spence's academic career includes leadership roles at major institutions. He served as professor of economics and business administration at Harvard University, holding a joint appointment in the business school and the Faculty of Arts and Sciences. He was named chairman of the economics department and George Gund Professor of Economics and Business Administration. Spence also served as dean of the Faculty of Arts and Sciences at Harvard, overseeing Harvard College, the Graduate School of Arts and Sciences, and the Division of Continuing Education. He later became Philip H. Knight Professor and dean of Stanford Business School, managing the school's finances, organization, and educational policies. Spence has also held a professorship at New York University's Leonard N. Stern School of Business.

Outside academia, Spence has contributed to global economic development. He served as chairman of the independent Commission on Growth and Development, an international body focused on global economic growth. He is a senior fellow at the Hoover Institution, senior adviser to General Atlantic, and chairman of the firm's Global Growth Institute. Spence also serves as chair of the advisory board of the Asia Global Institute and on the academic committee at Luohan Academy. His economic commentary appears in major publications, and he contributes monthly columns to Project Syndicate on global economic issues.

Spence's honors include the Nobel Memorial Prize in Economic Sciences, the John Bates Clark Medal from the American Economic Association, and the John Kenneth Galbraith Prize for excellence in teaching. He is an honorary fellow of Magdalen College, Oxford, where he studied as a Rhodes Scholar. Spence is a member of the American Economic Association and a fellow of the American Academy of Arts and Sciences and the Econometric Society.

As an author, Spence has made economic concepts accessible to broad audiences. He wrote "The Next Convergence: The Future of Economic Growth in a Multispeed World" and co-authored "Permacrisis: A Plan to Fix a Fractured World" with Mohamed A. El-Erian, Gordon Brown, and Reid Lidow. In these works, Spence addresses economic growth, management, and governance, offering strategies to address global challenges. His work bridges academic theory and policy, contributing to ongoing discussions in economics and global development.

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Speaker profile last updated by AAE Talent Team on 08/13/2026.

Michael Spence Speaking Topics

  • China’s Future Growth Potential and Growth Patterns

    China is a high middle income country. But that averages across considerable variation in incomes across and within regions. Some of the future growth potential lies in bringing the lower income up to tier one city levels. In addition, there is considerable potential to increase productivity across the economy as a second growth driver. That said, future growth rates at full potential will not be as high as those in the early 2000’s. The catch-up effect in terms of technology was powerful then. But China has dramatically closed the gap. I will then talk about some particularly high growth areas in the global economy and China’s participation in them.

Michael Spence Videos

Michael Spence | Disruptive Economic Change | Scotland

Michael Spence | Disruptive Economic Change | Scotland

Michael Spence speaks about disruptive economic change at the Scotland: Creating Jobs of Tomorrow Conference at the University of Glasgow.

AMPF 2026: Keynote by Prof Michael Spence "The Global Economy "

AMPF 2026: Keynote by Prof Michael Spence "The Global Economy "

Joint Dinner for ABFER and AMPF 21 May 2026 Keynote Speech by Professor Michael SPENCE (Stanford University).

Leadership Lab - Michael Spence, President and Provost, UCL

Leadership Lab - Michael Spence, President and Provost, UCL

In this episode of the Leadership Lab series Susanna Kempe CEO of the Laidlaw Foundation speaks with Dr. Michael Spence President.

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The Next Convergence: The Future of Economic Growth in a Multispeed World
The Next Convergence: The Future of Economic Growth in a Multispeed World

  • How do I book Michael Spence to speak at my event?

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  • What are the speaker fees for Michael Spence

    Speaking fees for Michael Spence, or any other speakers and celebrities, are determined based on a number of factors and may change without notice. The estimated fees to book Michael Spence are available upon request for live events and available upon request for virtual events. For the most current speaking fee to hire Michael Spence, click the Check Availability button above and complete the form on this page, or call our office at 1.800.698.2536 to speak directly with an experienced booking agent.

  • What topics does Michael Spence speak about?

    Michael Spence is a keynote speaker and industry expert whose speaking topics include Business, Business Consulting, Business Growth, Business Leadership, Climate Change, Conservative, Disruptive Thinking, Economy, Environmental Science, European Heritage, Family & Parenting, Finance, Government, Professors, Technology, Thought Leadership, World Affairs

  • Where does Michael Spence travel from?

    Michael Spence generally travels from Italy, but can be booked for private corporate events, personal appearances, keynote speeches, or other performances. For more details, please contact an AAE Booking agent.

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    AAE Speakers Bureau has successfully booked keynote speakers like Michael Spence for clients worldwide since 2002. As a full-service speaker booking agency, we have access to virtually any speaker or celebrity in the world. Our agents are happy and able to submit an offer to the speaker or celebrity of your choice, letting you benefit from our reputation and long-standing relationships in the industry. Please click the Check Availability button above and complete the form on this page including the details of your event, or call our office at 1.800.698.2536, and one of our agents will assist you to book Michael Spence for your next private or corporate function.

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Michael Spence is a keynote speaker and industry expert who speaks on a wide range of topics such as China’s Future Growth Potential and Growth Patterns. The estimated speaking fee range to book Michael Spence for your event is available upon request. Michael Spence generally travels from Italy and can be booked for (private) corporate events, personal appearances, keynote speeches, or other performances. Similar motivational celebrity speakers are Ian Bremmer, Joseph Stiglitz, Paul Polman, Peter Diamandis and Peter Zeihan. Contact All American Speakers for ratings, reviews, videos and information on scheduling Michael Spence for an upcoming live or virtual event.

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