Faculty News

Nobel Laureate Prof. Michael Spence on the state of the US economy

Excerpt from Bloomberg -- "Spence, a professor at New York University’s Stern School of Business who won the Nobel Prize in economics in 2001, stopped short of saying the U.S. is in a crisis. 'We have a debt problem, we have a political problem dealing with it, and we certainly have a growth and unemployment problem, but it’s not a crisis,' he said."  Read more