Experience Stern | News & Events

Excerpt from InsideSources -- "'This is a larger issue in at least two dimensions: first, the fintech companies have been trying now for at least two or three years to get charters from the controller of the currency,' Lawrence White, professor of economics at New York University’s Leonard N. Stern School of Business, told InsideSources. 'The fintech companies have wanted a similar kind of national charter because they are obviously going to be headquartered someplace, but especially for fintech companies nowadays, scale is everything.'"

Excerpt from CNBC -- "Finally: a lively, evidence-based book about how to battle biases, champion diversity and inclusion, and advocate for those who lack power and privilege. An unusually thoughtful psychologist makes a convincing case that being an ally isn’t about being a good person—it’s about constantly striving to be a better person."

Excerpt from Asia Times -- "'The agreement between the ILO and government of Qatar will be judged by whether concrete steps are adopted that tackle core issues like recruitment fees,' said David Segall, a research scholar at the NYU Stern Center for Business and Human Rights. 'It, however, demonstrates the government’s willingness to address some of the challenges workers face in Qatar,' he said."

Excerpt from USA Today -- "Nobody’s ever complained that Amazon’s giving them too good a deal, said Aswath Damodaran, a professor of finance at New York University's Stern School of Business. 'If you were a candidate and you said you were going to force Amazon to stop offering Prime below cost, you’d lose the election,' he said."

On September 5, Professor Dolly Chugh discussed findings from her new book, The Person You Mean to Be: How Good People Fight Bias, with moderator Jennifer Wynn (MBA '14).

Excerpt from the Economic Times -- "As highlighted by Arun Sundararajan of New York University Stern School of Business in his book, Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism, such sharing platforms have created 'invisible infrastructure' and are shaping the urban infrastructures of the future."

Excerpt from Institutional Investor -- "A new study finds that private equity buyouts in the education industry lead to higher enrollment and profits, but not better outcomes for students."

Excerpt from NPR -- "So the first great untruth that we talk about is what doesn't kill you makes you weaker. So obviously, everybody knows the, you know, the great truth is what doesn't kill you makes you stronger because people are anti-fragile. We actually need challenges. We need to sometimes even be afraid in order to overcome our fears. And if we try to protect kids from that, we actually are damaging them."

Excerpt from Marketplace -- "'In a market that’s so competitive and so saturated with so many options for customers, it just doesn’t make sense to have a service that charges, you know, three times, four times what everybody else is charging,' he said."

Excerpt from Boston.com -- "'Most of us avoid saying names that we don’t know how to pronounce,' Chugh said. 'Another thing I noticed I do, and I think others do as well, is we avoid that person, we avoid interacting with them and saying their name because we are afraid we can’t say their name properly.'"

Excerpt from the Business of Fashion -- "NYU Stern School of Business offers a one-year Fashion & Luxury MBA programme, and a two-year MBA programme with a Luxury Marketing specialisation. The school’s Luxury and Retail club connects students with prominent companies and individuals in the luxury and retail space, with an annual conference for industry professionals and Stern MBAs for networking and learning."

Excerpt from Marketplace -- "I think that in broad strokes, the societal issues that were raised in 'Demolition Man,' but also in movies like 'Blade Runner' and a lot of the science fiction that was written in the '50s and '60s, they all touch upon the same points. What happens if we preserve the status quo and we wind up with polarized political views?"

Excerpt from The New York Times -- "You can liken it to aiming for a healthy diet, Dr. Alter explains: 'Older kids understand the concept of balance intuitively -- they know that it’s important to eat healthy foods alongside candy and dessert, and the same is true of the "empty calories" that come from spending too much time passively gazing at screens. There’s a time for screens, but not at the expense of time for physical activity and connecting with real people in real time.'"

Excerpt from Foreign Affairs -- "Ghemawat bases his recommendations, in part, on the distance between the country in question and the company’s home—measured not only in geographic terms but also in terms of language and culture. Executives, he warns, should consider each potential new market carefully and critically. Ghemawat aims his advice at businesspeople (and business students), but his work will also enlighten readers outside the business world who want to understand international trade and investment."

Excerpt from TopMBA -- “Gaining a better understanding of what it takes to succeed in your job, as well as the job of those around you in a variety of fields, makes you a valuable asset to your company. Not only does this help secure your position, it also gives you a 360° view of the current business landscape and insight into what the future may hold.”

Excerpt from TRT World -- "The imported steel, the imported aluminum that is setting the price, and if a tariff means that price goes up, then the domestic price is going to go up."'

Excerpt from CNNMoney -- "'I think the real opportunity is in coming up with government oversight that pushes the platforms to creatively use technology to increase safety,' he said. 'It puts the onus on the platforms who are far better equipped than anyone else to use data and machine learning in ways that could make things safer.'"

Excerpt from Fast Company -- "'[It] creates psychological distance between the powerful person and everything else,' says Batia Wiesenfeld, a management professor at New York University’s Stern School of Business."

Excerpt from BEME News -- "JP Eggers, a professor of management and organizations at NYU, told me to think about early Teslas. They were luxury vehicles with hefty price tags, but that cash flow from well-off early adopters sustained Tesla long enough to A) pursue cheaper vehicles and B) build out a charging station infrastructure."

Excerpt from WalletHub -- "The issue is the uncertainty surrounding the extent of the tariffs/restriction imposed by Trump. Tariffs are bad for the economies of all involved. The issue is that Trump keeps changing the rhetoric, so other countries are hesitating if to retaliate. For now this shows up in volatility (e.g. VIX) and other measure like Ambiguity. Once a trade war starts there is no doubt that the markets will decline big time."

Excerpt from YourStory -- "'All of the innovators pursued their projects with remarkable zeal, often working extremely long hours and at great personal cost,' Melissa explains. They made the most of their creativity, originality, effort, persistence and situational advantage."

NYU Stern welcomes new faculty for the 2018-2019 academic year.

Excerpt from Forbes -- "...NYU Stern’s Jeff Battipaglia’s rite of passage came when he committed to the U.S. Naval Academy. It was a nine year commitment between schooling and service, one that taught him 'how to think, how to care, how to lead, and how to earn and give respect.'"

Excerpt from the Financial Times -- "A good place to start, in the literature from this year's symposium, is a primer by Thomas Philippon of NYU, summarising the evidence on whether industry concentration has been discouraging companies from investing in new plants and equipment."

Excerpt from Axios -- "'In some towns, [Sears is] arguably the only viable department store ... In many malls, they are the anchors,' says Herb Kleinberger, a professor of retail at NYU's Stern."