Experience Stern | News & Events

Excerpt from Business Insider -- "The same year, Paul Romer, the chief economist of the World Bank, proposed that macroeconomics — the 'science' of capitalism — was perhaps a fantasy field of study equivalent to string theory, which no longer had any legitimate claim to describing the workings of the real economy."

The 15th Annual NYU/Penn Conference on Law and Finance, jointly sponsored by the NYU Pollack Center for Law & Business and the University of Pennsylvania Institute for Law and Economics, was held February 22-23 at NYU Stern.

On Friday, February 22, NYU Stern's Private Equity Club will host their 14th Annual Private Equity & Venture Capital Conference.

Excerpt from The Bond Buyer -- "In that report Clive Lipshitz, a managing partner at Tradewind Interstate Advisors and Ingo Walter, a finance professor at New York University studied the 25 largest public pension plans and found that managers are becoming increasingly interested in investing in infrastructure."

Excerpt from Adweek -- "'You also have most of the press from around the world there. If you have a story to tell, it’s like shooting fish in the barrel. The press come[s] to you. You have everybody there,' Hardart said. 'There’s a huge benefit; it’s just a question of how much you can cut through because there’s a lot of people trying to do the exact same thing.'"

Excerpt from Yahoo Finance -- "'I think Amazon's biggest problem right now is it has a target on its back. Target on its back politically, economically,' Damodaran told Yahoo Finance’s The Final Round, several days after the e-commerce giant decided not to build a second headquarters in New York City amid fierce opposition from local advocates."

Excerpt from Canadian Accountant -- "Entire industries that are largely intangible, including software, biotech and Internet services, came into being during the 1980s and 1990s, Lev points out in The End of Accounting. 'And for all other business, the major value drivers shifted from property, plant, machinery, and inventories, to patents, brands, information technology, and human resources.'"

NYU Stern faculty are available to offer insights on the 2019 Academy Awards.

On Thursday, February 21, NYU Stern's W.R. Berkley Innovation Labs will welcome NYU alumni, investors and entrepreneurs to the 17th Annual New Venture Showcase.

Excerpt from Reuters -- "A paper by German Gutierrez and Thomas Philippon looked at the largest American companies, both overall and by industry. They found that the trend lines for these “star” firms changed dramatically around the year 2000."

Excerpt from Reuters -- "'Data standardization is critical to that undertaking. This is one of the core lessons of 2008 that has only been partially realized thus far,' adds Berner, who is now at New York University’s Stern Business School."

Excerpt from Yahoo Finance --"I think that the general expectation is that GDP growth is going to slow down, but I don't think we are going to have a recession. So, again, the language that I hear says that the Fed is going to be cautious and patient."

Excerpt from Adweek -- "Al Lieberman, an academic authority in entertainment marketing and the head of the Entertainment, Media and Technology Initiative at New York University’s Stern School of Business said, 'Global markets have their own form of barriers to certain celebrities due to ethnicity, gender, sexual orientation, background and on occasion even roles they have played.'"

Excerpt from Luxury Daily --  "Not only was he able to steward and curate and energize the Chanel brand, but at the same time he was able to build his own brand separate and distinct from Chanel, which is a very tricky, balancing act to do," said Allen Adamson, cofounder of marketing firm Metaforce and adjunct professor at NYU Stern School of Business."

Excerpt from WIRED -- "Something like 95 percent of photos on the internet are posed, says Alix Barasch, who teaches marketing at NYU. She’s found that people almost always prefer the other 5 percent—the candids—and come away with a more positive impression of candid photos’ subjects."

The NYU Stern Center for Global Economy and Business will host a Panel on US Trade Policy on February 20, 2019.

Excerpt from Forbes -- "If you really want to get hot under the collar, consider the work of Aswath Damodaran, a professor of finance at the Stern School of Business at New York University. In trying to research profits of the pharmaceutical industry for a piece I was writing, I stumbled across some marvelous tables that Damodaran regularly updates, looking at the average financial performance of nearly 100 industries."

Excerpt from Bloomberg -- "It's probably good to start with the basics. One question is how much total tax is the government going to collect. Then, the second one is who pays which portion of that. A lot of the discussion right now is about adjusting how much different groups pay, and, in general, the democrats are saying the rich should pay more. There is some suggestion, as well, that there are ways to collect more total revenue and do new things, but it's probably helpful to keep those two things separate. So the debate is either about who pays or what do we want to do with some additional revenue."

Excerpt from BusinessBecause -- "'It was important to me to experience something entirely new,' she asserts. ... 'Stern appealed to me because of its prime location and commitment to fostering emotional quotient within its student body,' she says."

Excerpt from Forbes -- "Godin quotes Nobel prize-winning economist Michael Spence who divides up jobs between those that are tradeable and could be done somewhere else such as manufacturing a car; and those that are non-tradeable like frying fish and chips. Spence’s killer finding, says Godin, is that in the USA alone only 600,000 new tradeable jobs were added between 1990 and 2008."

Excerpt from TheStreet -- "'They missed an opportunity to build perceptions of their corporate citizenship, which is going to be more important as they've gotten so colossal,' Adamson added."

Excerpt from Knowledge@Wharton on SiriusXM -- “Companies need to understand what it means to operate globally and to understand who that upper tier luxury consumer is. An interesting thing is that a lot of these luxury consumers are younger today, so these companies are addressing a younger generation. And even though these consumers may not be African American, for example, they are sensitive because younger customers are a little bit more sensitive, regardless of what their own cultural background is.”

Excerpt from The Wall Street Journal -- "'A robot has no consciousness, no ethics,' says Vasant Dhar, a professor of information systems at New York University’s Stern School of Business who runs a robo adviser for institutional investors. Without those qualities and the resulting moral code, a robot wouldn’t be capable of always acting on your behalf, he says."

Excerpt from CBS Sunday Morning -- "'[Eloise] basically owned a version of pink and said, "Pink can also be mischievous. It could be a little bit more playful,"' Alter said. 'That was a really good thing for the color pink. Gave it this extra dimension, and meant that pink didn't just mean being very well-behaved and doing exactly the right thing all the time. It also meant being yourself, and being the real version of who you are.'"

Excerpt from The New Times -- "'Surprisingly, even after globalisation’s recent gains, the world is still less connected than most people think it is,' commented GCI co-author Steven A. Altman, Senior Research Scholar at the NYU Stern School of Business and Executive Director of NYU Stern’s Center for the Globalization of Education and Management."