# An op-ed by Nobel Laureate Prof. Michael Spence on changing the growth model

1 Faculty News February 17, 2012 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](http://www.project-syndicate.org/commentary/spence32/English) -- "The alternative is to change the growth model in order to lighten the impact of higher levels of economic activity on natural resources and the environment."

[Read more](http://www.project-syndicate.org/commentary/spence32/English)

Additional coverage appeared in [Taipei Times](http://www.taipeitimes.com/News/editorials/archives/2012/02/21/2003525981/2), [The Moscow Times](http://www.themoscowtimes.com/opinion/article/the-free-market-and-the-sustainability-mindset/453393.html) and [TheStar.com](http://biz.thestar.com.my/news/story.asp?file=/2012/2/20/business/10768298&sec=business).