Experience Stern | News & Events

Excerpt from The new York Times -- "In awarding the 2011 Nobel in economic sciences to Christopher Sims and Thomas Sargent, the prize committee has rewarded two towering intellects — and delivered a challenge to politicians who are driven more by ideology than by serious consideration of the real-world consequences of their actions."  Additional coverage appeared in The New York Times, three New York Times blogs, a New Yorker blog, Livemint, NYU Local, Washington Square News, three Financial Times pieces, Bloomberg, Bloomberg Businessweek, The Wall Street Journal, VoxEU and New York Magazine.

Excerpt from Business Standard -- "Professor Acharya draws two implications, and I agree with both. The first is that the natural tendency of a government-supported institution will be to take on risky behaviour, and strong supervision is needed to counteract these tendencies."

Excerpt from The Wall Street Journal -- "Financial markets become more volatile in periods of stress. People don't know which way things are going to go, so you get these big up and down movements as people pile in and get out."

Excerpt from CNBC -- “Election years aren't always volatile, but I think the 2012 election has brought out the worst in both the incumbents and those running to replace them—not enough focus on the real issues, ridiculous plans and grandstanding."

Excerpt from CNN -- "'We're basically statistical historians,' Sargent said Monday. 'We comb past economic events to give us clues what will happen in the future.'"  Additional coverage appeared on MSNBC, Crain's New York Business, ABC News, Bloomberg, Bloombeg Businessweek, Voice of America, BBC, The Economist blog, TIME blog, The Huffington Post, The Atlantic, Harvard Magazine, The Guardian, among other outlets.

Excerpt from The New York Times -- "The Nobel prize in economic science was awarded Monday to Thomas J. Sargent at New York University and Christopher A. Sims at Princeton University for their research looking at the cause-and-effect relationship between economic policy and the broader economy."  Additional coverage appeared in The Wall Street Journal, Financial Times, CNBC, two NPR pieces, Bloomberg, BBC, Reuters, DNA India, Baltimore Sun, Chicago Tribune, Jerusalem Post, Associated Press, WQOW, The Republic, WRAL, TheStreet.com, two Washington Post pieces, Yahoo! News, 9and10news.com, KPMH, Irish Times, The Hindu, American Spectator blog, Focus News Agency, Washington Post blog, Business Insider, Business and Leadership, among other outlets.

Excerpt from the MIT Sloan Management Review -- "Recent research by MIT’s Sinan Aral, Erik Brynjolfsson and Marshall Van Alstyne found that people who send short e-mails are likely to get responses more quickly than those who send longer, less focused ones — important, since getting faster responses translates into better productivity."

Excerpt from Barron's -- "The euro is an economic solution to a political problem: What to do with a united Germany? But the euro zone that's going to survive isn't the same as the one that was born. It's a bit like what Ben Franklin said about hanging alone if you don't hang together."

Excerpt from New America Foundation -- "Recovery from what already has been dubbed the “Great Recession” has been so weak thus far that real GDP has yet to surpass its previous peak. And yet, already there are signs of renewed recession."  Additional coverage appeared on Yahoo! Finance, The Daily Beast and The Huffington Post.

Excerpt from Foreign Policy -- "It takes a lot of different manifestations, but we live in a world with a lot of economic insecurity, of worries about the future, of inequality, poverty, of concerns about jobs."  Additional coverage appeared in a New York Times blog.

Excerpt from USA Today -- "People are spreading primetime throughout the day to watch their favorite programs at their convenience."

Excerpt from Science Magazine -- "NYU economist David Backus says Sargent and Sims have had a profound influence on hundreds of students ... Both are known for their devotion to mentoring, Backus says."

Excerpt from International Business Times -- "My obsession with understanding how people change recently led to a psychologist ... Jonathan Haidt. He has a change model that I think is one of the best that I have ever come across, because of its simplicity."

Excerpt from the University of Texas at Austin News -- "Litan's book "Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity" (co-authored with Kauffman Foundation president Carl Schramm and New York University professor William Baumol) has been translated into 10 languages and is used as a college text around the world."  Additional coverage appeared in the University of Texas School of Law Magazine.

Excerpt from Reuters -- "Here are the last 10 winners of the Economics prize: 2011 Thomas Sargent (United States) ... 2003 Robert Engle (United States) ... "  Additional coverage appeared on CNBC.

Excerpt from Reason Magazine -- "Free market thinkers such as Nobel laureate Vernon Smith, market soothsayer Peter Schiff, and economic historian Amity Shlaes offer their best ideas for creating a legislative and regulatory framework more conducive to job creation."

Excerpt from BigThink -- "Though the Bush administration never admitted it, its tax cuts would almost certainly push the incomes of rich and poor further apart."

Excerpt from the Associated Press -- "Ten years ago: ... Americans George A. Akerlof, A. Michael Spence and Joseph E. Stiglitz won the Nobel Prize in economics."  Additional coverage appeared on ABC News, Digtriad.com and Redbluffdailynews.com.

Excerpt from Social Good Consulting -- "Sharon Badal (Moderator) is the head of Tribeca Film Festival short film programmer. She was at the festival since its inception and produced special projects for various organizations, Tribeca since 1999. She is the author of swimming upstream – Rescue Short Film Classification Guide."

Excerpt from Investment Weekly News -- "We find that in two recent periods, Libor rates depart significantly from the expected Benford reference distribution."

Excerpt from The New York Times -- "One simple source of confusion is the distinction between a fund and its manager, said Marcin Kacperczyk, a finance professor at New York University. People often know and follow funds by name, even as managers come and go. Yet the manager can matter a lot."

Excerpt from The Wall Street Journal -- "Loading up on policies 'makes sense as a psychological phenomenon, but it doesn't make financial sense,' says Zur Shapira."

Excerpt from Cincinnati.com -- "New York University economist Paul Romer observes that investment in human capital, given its ability to continually innovate, has almost limitless potential returns."

Excerpt from BigThink -- "This past spring, Big Think convened a roundtable of distinguished economists moderated by Parag Khanna, that included Dambisa Moyo, Daniel Altman and Anand Giridharadas."

Excerpt from Bloomberg -- "Most advanced economies are lapsing into recession while the U.S. is already contracting, Nouriel Roubini, the economist who predicted the bubble in U.S. housing before the market peaked in 2006, said in New York last month."  Additional coverage appeared in Bloomberg Businessweek, CNBC, New York Post and MoneyControl.com.