
He is Philip H. Knight Professor Emeritus of Management at Stanford University’s Graduate School of Business, Senior Fellow at the Hoover Institution at Stanford, and Distinguished Visiting Fellow at the Council on Foreign Relations. He is an adjunct professor at “Bocconi University in Milan and Honorary Fellow of Magdalen College at” Oxford University.
In 2001, he received the Nobel Prize in Economic Sciences for his work in the field of “information economics”.
He chairs the Advisory Committee of the Asia Global Institute and was Chairman of the Independent Commission on Growth and Development (2006-2010). He is a member of the Advisory Council of the Luohan Academy in Hangzhou.
He has been awarded the John Kenneth Galbraith Award for “excellence in” teaching and the John Bates Clark Medal for “significant contribution to economic thought and knowledge”.
Among his publications: The Inevitable Convergence. A Global Path Out of the Crisis, Laterza (2012); Permacrisis. A Plan to Fix a Fractured World, Bocconi University Press (2024, with G. Brown and M. El-Erian).