Michael Spence Quotes

The combination of a workable basic formula and the capacity to improve over time is what one hopes for in any aspect of society: business, government, the non-profit sector.

 
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Michael Spence
Michael Spence
  • Born: November 7, 1943
  • Nationality: American
  • Profession: Economist

Andrew Michael Spence is a Canadian American economist and recipient of the 2001 Nobel Memorial Prize in Economic Sciences, along with George Akerlof and Joseph E. Stiglitz, for their work on the dynamics of information flows and market development.

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