James Peebles
2019 Nobel Laureate in Physics | Albert Einstein Professor Emeritus, Princeton University | Architect of Modern Physical Cosmology
Nobel Laureate in Economics (2001) | William R. Berkley Professor at NYU Stern | Senior Fellow, Hoover Institution | Co-author, Permacrisis
Speaker Michael Spence won the 2001 Nobel Prize in Economic Sciences for his analysis of markets with asymmetric information. Today William R. Berkley Professor at NYU Stern, Senior Fellow at Hoover, and co-author of Permacrisis, he advises global leaders on growth, AI, industrial policy, and emerging markets. Audiences gain a Nobel-caliber framework for navigating fractured economies and turning systemic disruption into lasting value.
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Speaker Michael Spence is a Nobel laureate in economics whose work has shaped how governments, central banks, and global investors think about information, markets, and growth. He shared the 2001 Nobel Memorial Prize in Economic Sciences with George Akerlof and Joseph Stiglitz for foundational analyses of markets with asymmetric information — a field now applied everywhere from labor economics to the design of digital platforms.
Today Spence is the William R. Berkley Professor in Economics and Business at New York University’s Stern School of Business, and Philip H. Knight Professor of Management Emeritus and Dean Emeritus of the Stanford Graduate School of Business. He is also a senior fellow at the Hoover Institution, Senior Adviser to General Atlantic, Chairman of the firm’s Global Growth Institute, and Chair of the Advisory Board of the Asia Global Institute.
From 2006 to 2010 Spence chaired the independent Commission on Growth and Development, leading global research on how emerging economies can produce rapid, sustained, and inclusive growth while reducing poverty. He earlier served as dean of the Stanford Business School from 1990 to 1999 and chaired the economics department and Faculty of Arts and Sciences at Harvard. He also received the John Bates Clark Medal in 1981 for the most distinguished American economist under 40.
Spence is the author of multiple influential books and more than fifty academic articles, most recently co-writing Permacrisis: A Plan to Fix a Fractured World with Gordon Brown, Mohamed El-Erian, and Reid Lidow — a strategic blueprint for repairing growth, economic management, and global governance in an age of compounding shocks. He earned a Ph.D. from Harvard in 1972, a B.A./M.A. from Oxford in 1968, and a B.A. summa cum laude from Princeton in 1966.
As a speaker, Michael Spence brings senior audiences a Nobel-caliber lens on the forces reshaping the global economy — from artificial intelligence and industrial policy to emerging markets and the energy transition. His keynotes are sought by C-suites, sovereign investors, and economics speakers programs that want clarity on long-term growth in a fractured world.
Drawing on his Nobel Prize-winning research and decades of advising governments and global investors, Michael Spence delivers a clear-eyed view of where sustainable economic growth will come from in a transformed world economy. He addresses the productivity impact of artificial intelligence, the rise of strategic industrial policy, energy transitions, and the structural changes reshaping advanced and emerging markets.
The session leaves executives, policymakers, and investors with a practical framework for identifying durable sources of growth, diversifying risk, and positioning their organizations to thrive amid technological and geopolitical change.
Building on his book Permacrisis: A Plan to Fix a Fractured World, co-authored with Gordon Brown, Mohamed El-Erian, and Reid Lidow, Michael Spence walks audiences through the overlapping crises confronting today's global economy — sluggish growth, inflation, climate disruption, inequality, and weakening multilateral cooperation.
More than a diagnosis, this keynote sets out a strategic agenda for repairing economic management and global governance, with implications for boards, central banks, and corporate strategy. Audiences gain Nobel-level perspective on how to lead organizations through uncertainty without losing sight of long-term value creation.
Michael Spence translates the lessons of his work as chair of the Commission on Growth and Development into a clear playbook for inclusive, sustainable growth. He examines how emerging economies can avoid stagnation, how advanced economies can reverse rising inequality, and how organizations can align with these long-term trends.
The keynote bridges macroeconomic insight and corporate practice, helping leaders see how investment, technology adoption, and human capital strategies connect to broader social outcomes. Audiences leave with a sharper sense of how to grow profitably while contributing to a more resilient and equitable global economy.
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