Faculty News

In an op-ed, Prof. Michael Spence outlines how digital technology is transforming the global economy

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Excerpt from Project Syndicate -- "The world we are entering is one in which the most powerful global flows will be ideas and digital capital, not goods, services, and traditional capital. Adapting to this will require shifts in mindsets, policies, investments (especially in human capital), and quite possibly models of employment and distribution. No one knows fully how all of this will play out. But attempting to understand where the technological forces and trends are leading us is a good place to start."

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Additional coverage appeared on The Wall Street Journal.