Michael Spence is a senior fellow (adjunct) at the Hoover Institution, a professor of economics at the Stern School at New York University, and the Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University. He served as the chairman of the independent Commission on Growth and Development (2006–10). He was awarded the Nobel Memorial Prize in Economic Sciences in 2001 and the John Bates Clark Medal from the American Economic Association in 1981. He was awarded the David A. Wells Prize for the outstanding doctoral dissertation at Harvard University and the John Kenneth Galbraith Prize for excellence in teaching. Mike serves on the Board of Directors of Surfin Meta Digital Technologies. Together with Mohamed El Erian and Gordon Brown, Mike is the author of Permacrisis: A Plan to Fix a Fractured World, Simon & Schuster, 2023.