Discover Michael Spence – 2001 Nobel Prize in Economic Sciences

November 12, 2026

How is artificial intelligence reshaping the global economy? What does technological change mean for economic growth, employment, and inequality?

On Monday, November 16, 2026, Duke Kunshan University’s Distinguished Speaker Series welcomes A. Michael Spence, recipient of the 2001 Nobel Prize in Economic Sciences, for a public lecture titled “AI and the Future of the Global Economy.”

Drawing on his extensive research in information economics, economic growth, and global development, Professor Spence will explore how artificial intelligence may transform labor markets, economic opportunities, and the global economic landscape.

To accompany this event, DKU Library invites readers to discover his influential research and explore a selection of books that connect economic theory with the challenges facing today’s world.

Lecture Information

  • Speaker: A. Michael Spence, 2001 Nobel Laureate in Economic Sciences
  • Title: AI and the Future of the Global Economy
  • Time: Monday, November 16, 2026 | 11:00 AM–12:00 PM
  • Venue: AB 2F Ballroom

01 Meet A. Michael Spence

2001 Nobel Prize in Economic Sciences

A. Michael Spence is the Philip H. Knight Professor Emeritus of Management at Stanford Graduate School of Business, a Senior Fellow at the Hoover Institution, and a Senior Professor at Bocconi University. He previously served as Dean of Stanford Graduate School of Business (1990–1999) and Dean of Harvard University’s Faculty of Arts and Sciences (1984–1990).

In 2001, Spence shared the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with George A. Akerlof and Joseph E. Stiglitz for their analyses of markets with asymmetric information.

Spence is especially known for his work on market signaling, which explains how individuals with private information can communicate information that others cannot directly observe. Education, for example, may serve as a signal to employers about a job applicant’s productivity.

His later research examines economic growth and development, the changing relationship between advanced and emerging economies, and the policies that shape long-term prosperity.

From information asymmetry to artificial intelligence, his work offers valuable perspectives on how economies respond to uncertainty, innovation, and global change.

02 Begin with the Big Questions through DKU Library

Begin your exploration of Michael Spence’s economic thinking with the following books available at Duke Kunshan University Library.

Title AuthorLibrary Collection
The Next Convergence: The Future of Economic Growth in a Multispeed WorldMichael SpenceHD82 .S694 2011
阿克洛夫, 斯彭斯和斯蒂格利茨论文精选乔治·阿克洛夫、迈克尔·斯彭斯、约瑟夫·斯蒂格利茨HC79.I55 A437127 2017
Competition in the Open Economy: A Model Applied to CanadaRichard E. Caves, Michael E. Porter, A. Michael Spence, John T. Scott HD70.C2 C38 1980
Permacrisis: A Plan to Fix a Fractured WorldGordon Brown, Mohamed El-Erian, Michael Spence, Reid LidowHN18.3 .B76 2024
Health and Growth : Commission on Growth and DevelopmentRawat Rawat Publications, Michael Spence, and Maureen A. LewisEBOOK
Urbanization and GrowthMichael Spence, Patricia Clarke Annez, and Robert M. BuckleyEBOOK
Leadership and GrowthDavid Brady and Michael SpenceEBOOK
Equity and Growth in a Globalizing WorldRavi Kanbur and Michael SpenceEBOOK
Globalization and Growth : Implications for a Post-Crisis WorldMichael Spence and Danny LeipzigerEBOOK
In the Wake of the Crisis: Leading Economists Reassess Economic Policy Edited by Olivier Blanchard, David Romer, Michael Spence, Joseph E. StiglitzEBOOK
A Context for a Renewed EconomicsMichael Spence, David MitchellComing Soon

03 Beyond Spence: Explore More Nobel Laureates in Economic Sciences

Michael Spence’s contributions are part of a broader tradition of economic research examining how markets, institutions, technology, and human behavior shape society.

DKU Library also offers resources by other Nobel laureates in Economic Sciences. Explore selected works spanning behavioral economics, poverty and development, financial crises, labor markets, and institutional change.

★Selected Works of Nobel Laureates in Economic Sciences (2016–2026)★

These titles provide additional starting points for understanding contemporary economic questions through the work of Nobel Prize-winning scholars.

04 Continue the Economic Conversation

From information asymmetry and market competition to globalization, economic development, and artificial intelligence, Michael Spence’s work encourages us to consider how economic systems evolve and how societies can respond to new challenges.

Whether you are interested in business strategy, public policy, technological innovation, or global development, these books offer opportunities to explore the ideas shaping our economic future.

Join us on November 16 for “AI and the Future of the Global Economy,” and continue your exploration through DKU Library’s print and electronic collections.