Portrait of Michael Spence

Birthday profile

Michael Spence

Michael Spence, American economist and academic, Nobel Prize laureate

Born
November 7, 1943
Age in 2026
83
Zodiac sign
Scorpio
Birth year
1943

About Michael Spence

Andrew Michael Spence (born November 7, 1943) is a Canadian-American economist and Nobel laureate. Spence is the William R. Berkley Professor in Economics and Business at the Stern School of Business at New York University, and the Philip H. Knight Professor of Management, Emeritus, and Dean, Emeritus, at the Stanford Graduate School of Business. Together with George A. Akerlof and Joseph E. Stiglitz, Spence is a co-recipient of the 2001 Nobel Memorial Prize in Economic Sciences, "for their analyses of markets with asymmetric information." Spence attended Princeton University as an undergraduate student and graduated summa cum laude with a B.A. in philosophy in 1966, completing a senior thesis titled "Freedom and Determinism".

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

Career and life highlights

The world when Michael Spence was born

Michael Spence was born in 1943. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Culture in 1943

  • #1 song"As Time Goes By" – Dooley Wilson
  • Top movieFor Whom the Bell Tolls
  • Best-selling bookThe Robe – Lloyd C. Douglas

Headlines and milestones

  • Major sports momentAll-American Girls Professional Baseball League founded
  • Top headlineAllies invade Italy
  • Technology milestoneLSD accidentally discovered by Albert Hofmann
  • Defining fadZoot suits
  • Notable inventionSlinky
  • World population2.38 billion

United States snapshot

  • U.S. leaderFranklin D. Roosevelt
  • Sports championNew York Yankees (World Series)
  • U.S. population136.7M

1943 versus 2026

These figures put everyday life in Michael Spence's birth year beside the site's latest United States snapshot.

Measure19432026
Gas$0.21$3.45/gal
Average home$5,700$435,000
Average income$4,100$67,500
Minimum wage$0.30$7.25/hr (federal)
Movie ticket$0.27$11.95
Postage stamp$0.03$0.73
Population136.7M341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Encyclopaedia Britannica, Library of Congress. See our editorial policy for sourcing, corrections, and review standards.

Read the source biography on Wikipedia. Wikipedia text is available under the Creative Commons Attribution-ShareAlike License.