Experience Stern | News & Events

Excerpt from TheStreet -- "'The other thing to remember is GE is basically a manufacturing company, especially since it spun off a lot of its financing, it's a manufacturing company. Manufacturing is less than 10 percent of the US economy, yes it's been expanding a little bit, but we are a services oriented economy, have been for a long time. This is not 1957, this is 2017 and we are going to continue to be a services oriented economy.'"

On Nov. 15, Prospective doctoral candidates are invited to attend an Open House to learn more about the Stern PhD Program and meet Stern faculty and current PhD students. 

A graduate student team from a Stern communication course presented their research on public school funding to a closed-door session. 

Excerpt from Pacific Standard -- "This timely new research, published in the journal Violence Against Women, is based on Jonathan Haidt's well-known moral foundations theory. Haidt argues that liberals and conservatives resonate to different dimensions of morality, and this divergence drives our increasingly polarized politics."

Excerpt from Quartz -- "'So here’s what’s wrong about how they’re thinking about it,” he said. 'They’re not considering the fact that more drivers would drive more' if Uber raised wages. 'If you basically said, alright, so now we’ll pay more—promotional payments, incentives, however you want to do it—as long as Uber runs an open platform, that’s going to get dissipated.'"

Excerpt from the Coin Telegraph -- "'It’s quite possible that after a while you just realize it’s not worth the cost of tooling up to take it and you decide to drop it if the publicity has run its course,' said David Yermack, a professor at New York University Stern School of Business who studies Bitcoin."

Excerpt from The Times -- "In his book Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, Adam Alter offers a catalogue of tricks, from fitbits that make you want to keep your steps up, to Snapchat “streaks” you don’t want to end."

Excerpt from Salon -- "This is a psychological phenomenon where the least knowledgeable and most ignorant persons about a given subject are most likely to assert their expertise about it. Trump's repeated claims to be 'smart' and 'intelligent' are an example of the Dunning-Kruger effect in practice."

Excerpt from The New York Times -- "Enforcement actions brought against public companies by the Securities and Exchange Commission declined 33 percent in the 2017 fiscal year, with much of that decrease happening after President Trump entered office, according to a report from Cornerstone Research and the New York University Pollack Center for Law & Business."

The U.S. Securities and Exchange Commission filed 33 percent fewer enforcement actions against public companies and their subsidiaries in fiscal year 2017. This decline coincided with changes in SEC leadership, according to a report issued jointly by the New York University Pollack Center for Law & Business and Cornerstone Research.

Excerpt from Quartz -- "In the long-run, Indian consumers stand to gain. Flush with funds, Ola and Uber may well turn their attention to innovation instead of competing on prices, said Anindya Ghose, the Heinz Riehl professor of business at New York University. 'Net net, this investment will lead to a good outcome for consumers,' he said, 'as it will force both players to pull up their socks, roll their sleeves, and revisit how they can improve the quality of their service in India.'"

Excerpt from Reuters -- "The latest step goes farther and was praised by critics such as Paul Barrett, deputy director of the New York University Stern Center for Business and Human Rights. 'If the terrorist is in the business of recruiting and inciting people to make violent attacks, you’ve got to the draw the line' against any of their content, Barrett said."

Excerpt from NPR -- "The study looked at what happens when one of those states changes its corporate tax rate, and how it affects different parts of the region. Their conclusion: Tax increases can hurt a region's economy, but no evidence exists that tax cuts spur growth."

Excerpt from The Wall Street Journal -- "States usually team up to prosecute large corporations like Google, with bigger states like New York or California leading the way, said New York University economics professor Nicholas Economides. He predicted Missouri would try to recruit other states if it seeks charges. 'Google is going to be a significant case,” he said. “If it’s going to be just Missouri, that would be a very unequal fight.'"

Excerpt from The Wall Street Journal -- "'The overwhelming story is that it doesn’t seem to matter what Uber does with fares' when it comes to driver earnings, said John Horton, an NYU assistant professor of information, operations and management sciences, and a co-author of the study, called “Labor Market Equilibration: Evidence from Uber."

Excerpt from The Wall Street Journal -- "Almost every big company using AI to automate processes has a need for humans as a part of that AI, says Panos Ipeirotis, a professor at New York University's Stern School of Business. America's five largest financial institutions employ teams of non-engineers as part of their AI systems, says Dr. Ipeirotis, who consults with banks."

Excerpt from US News & World Report -- "Adam Scheer, a first-year MBA student at New York University's Stern School of Business and a recipient of its Fertitta Veterans Scholarship, says the availability of this scholarship, which reduces tuition to a flat $30,000, was a contributing factor to his decision to attend the school. 'It was definitely a difference maker,' says Scheer, a former Navy SEAL and current Navy reservist. ... Isser Gallogly, associate dean of MBA admissions and program innovation at Stern, says military MBA applicants are often highly competitive for a business school's general merit scholarships."

On November 10, NYU Stern’s Graduate Marketing Association (GMA) will host its annual conference entitled, “GAMECHANGERS: Industry-Disruptors Challenging the Status Quo.” 

Excerpt from Business Insider -- "The global economy keeps growing, the inflation rate is still low, and central banks slowly depart from their unconventional, extra-easy monetary policy. Investors buy risk and their attitude toward the risk is optimistic. So, right now I don’t see any major threats."

Excerpt from BusinessBecause -- "Nicholas thinks that, in some instances, the onus lies with governments. The Irish government did little to discourage Apple from exploiting a tax loophole. 'The tax issues with Apple in Ireland came from the way the Irish government wrote their contracts,' he explains, 'Apple was paying almost no tax at all as a result of that.'"

Excerpt from The New York Times -- "More and more, we are wondering why, when we know the top Silicon Valley companies are not benevolent, we invite them into the most intimate areas of our lives, as Scott Galloway asks in 'The Four,' a book about how Amazon, Apple, Facebook and Google are refashioning the world. 'Are these entities the Four Horsemen of god, love, sex, and consumption?' Mr. Galloway wonders. 'Or are they the Four Horsemen of the Apocalypse?'"

Excerpt from Fox Business -- "Like all big conflicts over the last 100 years, the war against big tech is going to break out in continental Europe. No university buildings or hospital wings are named after Facebook or Amazon billionaires in Europe. They register…a fraction of the upside but a lot of the downside in terms of anti-competitive or job destruction which is going to stiffen the backbone of EU regulators."

Excerpt from Bloomberg -- "'The rule-makers have woken up to the fact that they can’t regulate Uber and Lyft out of existence but at the same time I think cab companies start out with a legacy problem,' said Aswath Damodaran, a professor at the New York University Stern School of Business."

Excerpt from Accounting Today -- "Overall, our findings are consistent with the view that mandating a fully independent audit committee with at least three outside directors is not, on average, value enhancing…Assess[ing] changes in financial reporting quality…we find no evidence that [the rule] produced tangible benefits to shareholders."

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