This is Masters in Business with Barry Rittholz on Bloomberg Radio.

This week on the podcast, I have an extra, extra special guest.

His name is Michael Spence and this is a conversation just filled with wonky goodness.

He is the winner of the Nobel Prize in Economics from 2001, effectively on information theory

about how information impacts market structures.

We talk about asymmetries and gaps and really how digital economies are just changing the

entire world.

Spence has had a number of really fascinating forecasts that have all turned out to be quite

prescient.

He's almost blasey about it.

He describes them as all-buttonevitable.

This is really a fascinating conversation.

If you're interested at all in information signaling, in how economies develop and grow

about the impact of not just technology but government institutions and intellectual

capital, you're going to find this to be an absolutely fascinating conversation.

With no further ado, my interview with NYU's Michael Spence.

This is Masters in Business with Barry Rittholz on Bloomberg Radio.

My extra special guest this week is Michael Spence.

He is the 2001 Nobel Prize winner in Economics for his work on the dynamics of information

flows.

In markets, he is the former dean of the Stanford Graduate School of Business.

He is currently a professor at NYU Stern.

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