Experience Stern | News & Events

Excerpt from MSNBC -- "In the face of great peril – at least, that’s what they tell us – these men and women elected ‘by the people’ are refusing to obey the will of the electorate. According to Haidt, this is the result of morality – which leads like-minded people to link up, and ignore their surroundings."

Excerpt from TED -- "Fortunately, we are the world’s experts in how to promote diversity. People are beginning to recognize that we need to be more careful about the things we say — about the things that might inadvertently create a hostile climate."

Excerpt from the Financial Times -- "While top-branded universities will face tough competition, they will still offer a competitive advantage because their brand carries weight among consumers. If they can expand the online market and combine it with a high-touch offering through their bricks and mortar, they can create solid niches for themselves."

Excerpt from the LA Times -- "Scientists such as Jonathan Haidt of New York University have shown that we frequently feel rather than think our way to moral judgments; in general, the more affective parts of our brains generate quick, intuitive, moral decisions ('I can't tell you why, but that is wrong, wrong, wrong'), while the more cognitive parts play catch-up milliseconds to years later to come up with logical rationales for our gut intuitions."

Excerpt from HuffPost Live -- "We have to use the advantages and the possibilities that we have in this country to produce products that are better and cheaper produced here and better produced here and similarly, products from abroad that are made cheaper abroad and more appropriately there."

Excerpt from Marketplace -- "Alter says this moment -- of decreased self-worth when compared to others -- is when consumers are vulnerable to buying scare items."

Excerpt from the Boston Globe -- “Early on I would have said, ‘We’ve got to think about our future self as a direct extension of ourselves now ... But now I think ... it’s fine to think about that future self as another person -- it just has to be another person you feel close to and have a lot of overlap with.”

Excerpt from CNBC -- "The eleventh hour deal reached to avert the fiscal cliff in the U.S. merely masks the bleak long-term outlook for the country, Nouriel Roubini said in an opinion piece published in the Financial Times newspaper on Thursday."

Excerpt from the Harvard Business Review -- "Our mobile devices are powerful computers connected to high-speed networks. The digitization of social brings real-world trust and social capital online. We are comfortable with the notion of commercial transactions mediated by computers or smartphones, and we've had over ten years of experience with the idea of semi-anonymous peer-to-peer exchange."

Excerpt from the Financial Times -- "The deal reached in Washington on New Year’s day prevented the US economy from falling off the so-called fiscal cliff. However, given the dysfunctional nature of the American political system, it won’t be long before there is another crisis."

Excerpt from Globe Asia -- "To illustrate just how dangerous the conventional wisdom about the money supply can be, let’s revisit former Fed Chairman Paul Volcker’s highly praised inflation squeeze, which was ably profiled by Prof. William Silber, in his recent book 'Volcker: The Triumph of Persistence' (Bloomsbury: 2012)."

Excerpt from the Washington Post -- "That is the nature of education, to be sure. In their purest form, market concepts of cost-effectiveness don’t neatly apply to what universities do, for reasons well explained by economist William Baumol of New York University’s Stern School of Business."

Excerpt from US News -- "'The Facebook IPO to me was just an example of a tech company pricing their stock too high when they went public,'" says Arun Sundararajan, a professor at NYU's Stern School of Business."

Excerpt from Bloomberg -- "A down grade doesn't mean we're deadbeat, but it does mean the difference between AAA, which is 'extremely unlikely' to default versus, in S&P language, AA+, which means 'highly unlikely.' Well, after what we went through in August of 2011, how can you argue that it's still extremely unlikely? I don't think so. Highly unlikely? Probably."

Excerpt from the Council on Foreign Relations -- "The economic outlook for the United States in 2013 is marginally brighter. The economy is adapting structurally, albeit slowly, to an altered and more sustainable growth pattern."

Excerpt from the Boston Globe -- "People tend to think of morality along one dimension: good versus bad. But recent scholarship by Jonathan Haidt and others has identified that there can be multiple moral values commanding our attention—namely 'harm/care,' 'fairness/reciprocity,' 'in-group/loyalty,' 'authority/respect,' and 'purity/sanctity'—and has shown that liberals are more focused on harm/care while conservatives are more focused on the others."

Excerpt from WIRED -- "Social influence always seemed to flow from the person who makes the choice, to the people who observe it. But digital visibility reverses the direction and creates a new form of anticipatory influence: What we do is now influenced by the peers who observe us."

Excerpt from The New York Times -- "Joel Hasbrouck, a professor at New York University who has advised exchanges and trading firms, said that the size of the new company worried him because it could give the company too much influence with regulators, as has happened when companies have grown large in other corners of the financial markets."

Excerpt from NPR -- "The company still has old-fashioned floor traders buying and selling stocks, but not nearly as many as they used to. And NYU's Roy Smith says they probably will disappear once the merger with ICE takes place."

Excerpt from US News -- "Research by Hal Hershfield, assistant professor of marketing at New York University's Stern School of Business, has found that showing people aged photos of themselves makes them more likely to put money away for later."

Excerpt from China Daily -- "'The new leadership is well informed and seems committed,' said Michael Spence, a Nobel laureate in economics and a professor at the Stern School of Business at New York University."

Excerpt from BBC -- "It's very good news. It shows determination by the European partners of Greece for Greece to stay there."

Excerpt from Forbes -- "Edward Altman, a high-yield investing guru, doesn’t see default rate next year much above 3%.”I think balance sheets today are quite strong,” he says. “I’m still a believer in quality junk."

Excerpt from The Australian -- "Giving a keynote speech at the 25th Australian Institute of Banking and Finance conference in Sydney yesterday, Professor Engle said: 'It's far better to try and raise capital standards in a boom.'"

Excerpt from Financial News -- "So, even though the banks will remain in the woods for a while longer, things are getting better. They will get better still if those banks, which have already taken action to turn things around, inspire the rest to do the same. If they do, Carney, and the rest of the bank regulators of the world, can look forward to a happy new year."