Faculty News

Prof. Thomas Sargent is featured for winning the 2011 Nobel Prize in Economics

Excerpt from Harvard Magazine -- "Seven alumni have been honored with 2011 Nobel Prizes. ... Thomas J. Sargent, Ph.D. ’68, of the Hoover Institution and Berkley professor of economics and business at NYU, and doctoral classmate Christopher A. Sims ’63, Ph.D. ’68, Helm professor of economics and banking at Princeton, shared the prize in economics."
Faculty News

In an op-ed, Prof. Ralph Gomory applauds Occupy Wall Street for demanding our attention

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Excerpt from The Huffington Post -- "For me the most remarkable thing about Occupy Wall Street is that it is not protesting against the government. ... they believe that Wall Street and the major corporations have Congress in their power; so they are going to where the power is and where they believe the problem originates."
Faculty News

Prof. George Smith on the US government's involvement in private companies

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Excerpt The Wall Street Journal -- "'It was never expected to be easy for the government to get out' of companies it rescued, says George Smith, a professor at New York University's Stern School of Business."
Faculty News

An interview with Nobel Laureate Prof. Michael Spence on the European debt crisis

Excerpt from France24 -- "Following a crunch summit of eurozone leaders which led to an agreement on Greek debt, Michael Spence, Nobel Laureate in Economic Sciences, tells Stéphanie Antoine why he thinks there is still a lot of work to be done and why the euro has still not been completely saved."
School News

CEO of Neiman Marcus Group Karen Katz's speech at the Stern Luxury & Retail Conference is featured

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Excerpt from Luxury Daily -- "The consumer is the center of a company’s business and an 'omni-channel presence' must be implemented to ensure that the customer experience is at its peak, the top Neiman Marcus Group executive said at the NYU Stern School of Business Luxury & Retail Conference 2011."
School News

Vice Chair of NYU Trustees & Vice Chair of the Board of Overseers Kenneth Langone is interviewed

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Excerpt from CNBC -- "I don't think you can say today is as a result of anything in europe. Just like you can't say today is totally the result of MF [Global]."  Additional coverage appeared on VodPod.com, Frequency.com and CNBC.
School News

Vice Chair of NYU Trustees & Chair of the Board of Overseers William R. Berkley is cited

Excerpt from The Hoya -- "The Berkley Center for Religion, Peace and World Affairs also took in $5 million from its original backer William Berkley, also a member of the board."
Faculty News

An interview with Prof. Arun Sundararajan on the criminal charges against Rajat Gupta

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Professor Arun Sundararajan was interviewed by NDTV (New Delhi TV), India's most popular news network about the criminal charges filed against former McKinsey CEO and Goldman director Rajat Gupta.
Business and Policy Leader Events

The NYU Dialogues on the Global Civil Society

This is the second in a series of lectures sponsored by the NYU Dialogues on the Global Civil Society, which focus on the extent to which a universal moral sense, capable of underpinning a global society, is either evolving or can be created. Professors Bloom and Haidt will explore the development and application of moral thought, moral judgment, and moral feeling as a foundation for transnational cooperation.
School News

The Future of TV Conference, hosted by NYU Stern on 11/17-18, is featured

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Excerpt from AP Planner -- "10th annual Future of Television Forum - executive conference presented by NYU Stern School of Business, Digital Media Wire, and Consumer Electronics Association, designed for decision-makers from cable and broadcast networks, cable and satellite operators, high-tech and advertising."
Faculty News

Prof. Thomas Sargent is featured for receiving the 2011 Nobel Prize in Economics

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Excerpt from The New York Times -- "Professor Sargent described himself as a scientist, a 'numbers guy' who is 'just seeking the truth' as any good researcher does."
Faculty News

Prof. William Baumol on innovation's contribution to GDP

Excerpt from Truthout -- "Another leading economist, William Baumol, calculated that 'nearly 90 percent ... of current GDP [gross domestic product] was contributed by innovation carried out since 1870.'"
Student Club Events

Luxury & Retail Club Conference

The fifth annual Luxury & Retail Conference, themed “From Retail to Me-tail: Delivering to the Connected Consumer,” will explore how the retail customer has evolved in light of changing technological platforms, and what brands are doing to keep up with the trend. Confirmed speakers include Karen Katz, CEO, Neiman Marcus Group; Carol Hamilton, President of Luxury Products Division, L’Oréal; Deanna Berkeley, President, Alice + Olivia; John McDonnell, COO, The Patrón Spirits Com; Annbeth Eschbach, Founder & CEO, Exhale Spa; Neil Blumenthal, CEO, Warby Parker; Daren Hull, VP of Luxury Direct, L’Oréal; Apar Kothari, VP, Rue La La; Deirdre McGuigan, US Retail Director, Indego Africa; Susan Heaney, Global Director of Corporate Responsibility, AVON; Ida Liu, Managing Director, Fashion Financing Group, Citi Private Bank; and Sal Khokhar, Principal, Koka Consulting.
Faculty News

Prof. Edward Altman on the European leaders' plan to solve the debt crisis

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Excerpt from Financial Times -- “The recent decisions will calm the markets but only in the short run. What needs to be addressed for a longer-term return to stability are strategies and implementation of means to address the fundamental issues like growth.”  Additional coverage appeared in Q Finance.
Faculty News

Prof. Lawrence White on the European Union's debt deal

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Excerpt from Xinhua -- "The politicians are trying to tell the markets: Look, we are prepared to step up... And so, markets, you should believe we will do the same thing with Portugal, with Spain, if necessary with Italy."
Faculty News

Prof. Baruch Lev's method for measuring the value of human capital is referenced

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Excerpt from The Huffington Post -- "Infosys (NASDAQ: INFY), the global technology company based in India, has measured the value of its human capital - a method co-developed by Professor Baruch Lev of NYU-Stern's School of Business - in its public and transparent annual reports for the past four years."
Faculty News

An interview with Prof. Nicholas Economides on Greece's political leadership

Excerpt from Bloomberg TV -- "Greece faces a number of problems. What happened with the writedown of the debt is useful, but you need to be able to get to a public sector surplus and they need to work very hard on that."  Additional coverage appeared on iStockAnalyst.com and giorgospapandreou.com.
Faculty News

Prof. Anindya Ghose & Panos Ipeirotis's research on online product reviews is featured

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Excerpt from Financial Times -- "In their paper, 'Deriving the pricing power of product features by mining consumer reviews,' published in Management Science, Anindya Ghose and Panagiotis Ipeirotis, associate professors in Stern’s department of information, operations and management sciences and Nikolay Archak a doctoral student, aim to estimate the 'economic impact of user-generated product reviews by identifying the weight that consumers put on individual evaluations and product features and estimating the overall impact of review text on sales.'"
Faculty News

"Guaranteed to Fail," by Stern faculty is named a "Top Business Book"

Excerpt from Bloomberg -- "'Guaranteed to Fail' by Viral V. Acharya, Matthew Richardson, Stijn Van Nieuwerburgh and Lawrence J. White (Princeton). Four professors at New York University’s Stern School of Business explain how Fannie Mae and Freddie Mac got so big and why we must fix them."  Additional coverage appeared in Bloomberg Businessweek.
School News

Executive Director of Admissions Paula Steisel Goldfarb on NYU Stern's relationships in Brazil

Excerpt from Valor Economico -- "In Brazil, we partner with Getulio Vargas, known throughout the country and Latin America for its instruction in management. Additionally, we offer both full-time and part-time MBA students the opportunity to enroll in one or two week intensive courses called Doing Business In (DBi) as part of the Stern MBA curriculum. Students visit the country to engage in local business, policy and culture while earning course credit. Brazil is a regular destination; Stern students who enroll in DBi will go to Brazil this coming January."
School News

Stern's undergraduate program is highlighted for incorporating liberal arts & business education

Excerpt from Bangor Daily News -- "The report points to model programs including NYU’s Stern School’s four-course liberal arts sequences and its capstone course on Professional Responsibility and Leadership, a case-based approach that exposes students to the three modes of liberal education: analytical thinking to move from the particular to the generalizable, multiple framing to see things in different contexts, and self-reflection to explore meaning, values and commitment."
Faculty News

Data compiled by Prof. Aswath Damodaran on the effective tax rates for US companies is cited

Excerpt from MediaMatters.org -- "According to data compiled by Aswath Damodaran of NYU, the oil and gas distribution industry paid an effective U.S. income tax rate of 15 percent last year; the petroleum producing sector paid 8.5 percent; integrated petroleum companies paid 27 percent; oilfield services and equipment companies paid 16.5 percent; and the natural gas sector paid 15 percent."
Faculty News

Nobel Laureate Prof. Michael Spence on boosting per-capita income

Excerpt from ICIS -- "It takes 50 consecutive years of 7% annual growth for a country to boost per capita income from $500 to $20,000, says Nobel Prize-winning economist Michael Spence."
Faculty News

Nobel Laureate Prof. Michael Spence is cited as a member of the NBI’s 21st Century Council

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Excerpt from Xinhua -- "As G20 emerged as the most important inter-government global forum addressing international governance, the NBI established the 21st Century Council grouping elder statesmen and women like ex British Prime Minister Gordon Brown, Nobel Laureates like Michael Spence ... "  Additional coverage appeared in Shanghai Daily.
Faculty News

Prof. Roy Smith on "Big Bang," the opening of computerized trading in the London Stock Exchange

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Excerpt from Reuters -- "Big Bang was clearly the origin of the universe of the modern stock market and all financial transactions in Europe since then."  Additional coverage appeared on CNBC, Portfolio.com and FOX Business.