# Nobel Laureate Michael Spence on what his father taught him about money

Faculty News

— June 16, 2012

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Excerpt from [The Wall Street Journal](http://online.wsj.com/article/SB10001424052702303822204577464383029488856.html?mod=googlenews_wsj) -- "'My father was in the academic world and was also a partner in a merchant bank in Toronto,' [[Spence](http://www.stern.nyu.edu/faculty/bio/a-michael-spence)] says. 'He was part academic, part practitioner. He had a very rigorous mind, made sure I learned math as a kid.'"

[Read more](http://online.wsj.com/article/SB10001424052702303822204577464383029488856.html?mod=googlenews_wsj)