Faculty News

An interview with Nobel Laureate Prof. Michael Spence on the prospects for the European Union

Excerpt from Bloomberg TV -- "I think this is one of the many two-scenario situations where we could get a sufficient commitment from the European Union and the eurozone to prevent Italy from spiraling out of control even with a credible reform program or we could get some kind of deadlock in the process as they try to figure out what a fiscal union would look like and then I think most of us would probably want to take cover."   Additional coverage appeared in Yahoo! Finance and Bloomberg Radio.