Author Talk: ‘Permacrisis: A Plan to Fix our Fractured World’
In this talk inspired by his latest book Permacrisis: A Plan to Fix a Fractured World, Nobel Laureate MICHAEL SPENCE offers an informed and enlightening plan to take on broken approaches to growth, economic management, and governance. Spence focuses on solutions to the pervasive anxiety about the state of the world – a cascade of crises including sputtering growth, surging inflation, poor policy responses, an escalating climate emergency, worsening inequality, increasing nationalism, and a decline in global co-operation. Co-authored with Gordon Brown and Mohamed El-Erian, the ideas in Permacrisis offer a better path forward to a brighter future.
Nobel Laureate Michael Spence takes on our broken approaches to growth, economic management, and governance in ‘Permacrisis: A Plan to Fix a Fractured World’
Nobel Laureate and esteemed economist MICHAEL SPENCE takes on our broken approaches to growth, economic management, and governance in Permacrisis: A Plan to Fix a Fractured World. Inspired by pandemic-era Zoom meetings, Spence with co-authors Gordon Brown and leading economist Mohamed El-Erian address the permacrisis facing the world today. Spence focuses on solutions to the pervasive anxiety about the state of the world – a cascade of crises including sputtering growth, surging inflation, poor policy responses, an escalating climate emergency, worsening inequality, increasing nationalism, and a decline in global co-operation. In Permacrisis and in informative and engaging events, Spence offers an explanation of where we’ve gone wrong, and shares a provocative, inspiring plan to do nothing less than change the world.
Michael Spence is the Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University, a Senior Fellow of the Hoover Institution at Stanford and a Distinguished Visiting Fellow of the Council on Foreign Relations. He is an Adjunct Professor at Bocconi University in Milan, and an Honorary Fellow of Magdalen College, Oxford University.
In 2001, he received the Nobel Prize in Economic Sciences for his work in the field of information economics.
He is the author of The Next Convergence: The Future of Economic Growth in a Multispeed World, Farrar, Straus and Giroux (May 10, 2011).
He is a Senior Advisor to Jasper Ridge Partners and a Senior Advisor to General Atlantic Partners, and chairs GA’s Global Growth Institute. He chairs the Advisory Board of the Asia Global Institute, and was the Chairman of The Independent Commission on Growth and Development (2006-2010). He is a member of the Advisory Council of the Luohan Academy in Hangzhou. He served as Dean of the Stanford Business School from 1990 to 1999 and Dean of the Faculty of Arts and Sciences at Harvard University from 1984 to 1990.
He was awarded the John Kenneth Galbraith Prize for excellence in teaching and the John Bates Clark Medal, awarded to American economists under age 40 for a "significant contribution to economic thought and knowledge."
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