An interview with Nobel Prize winning economist Michael Spence on how to encourage stronger global economic growth. A. Michael Spence is a senior fellow at the Hoover Institution and Philip H. Knight Professor and Dean, Emeritus, at the Graduate School of Business, Stanford University. He is the chairman of an independent Commission on Growth and Development, created in 2006 and focused on growth and poverty reduction in developing countries.Published on Apr 6, 2015 by McKinsey and Company.