Experience Stern | News & Events

Excerpt from The Gleaner -- "This account is given in Henry's just-released book Turn-Around: Third World Lessons for First World Growth, already being hailed as a significant publication. Peter Blair Henry is a significant person. He served on President Obama's transition team in 2008 and is a member of the prestigious Council on Foreign Relations. He is the first black dean of New York University's Stern School of Business, one of the leading business schools in the United States."

Excerpt from Financial Times -- "Jennifer Wynn is an MBA student at New York University Stern School of Business and a founding teacher of the Achievement First East New York Middle School, a charter school in Brooklyn where she served as dean of students. This summer she is on an internship with the Harlem Children’s Zone, a non-profit organisation for children living in poverty, which is being funded through Stern’s Social Impact Internship Fund."

Excerpt from Bloomberg Businessweek -- "'It got me back into school mode,' says Lindsey Melki, a second-year student at Stern who participated in Summer Start last year. 'Having taken the courses before the fall freed me to dive into clubs.'"

Excerpt from Fox Business -- "More than 60% of consumers are accessing the ecommerce world from their phones and tablets, according to Anindya Ghose, co-director of the Center for Business Analytics and professor at NYU Stern School of Business. ... 'Bargain shoppers will likely seek deals on third party sites, and a site like Wanelo reduces our search costs by letting people choose products for us,' Ghose says. 'Plus, its online community format satisfies the basic human need to socialize.'"

Excerpt from Yahoo! Finance -- “'It’s the first show based on the collective wisdom of what people actually liked,' says New York University business school Professor Arun Sundararajan, who studies how digital technology affects society. Data-driven shows could be more compelling, though Sundararajan fears that, over time, the techniques might also lead to homogenization. 'People are always looking for something different,' he says."

Excerpt from the TODAY Show -- "'I think it's very widespread,' she told us. 'You feel smart, you feel happy, and you feel you've got a great deal.'"

Excerpt from Bloomberg Businessweek -- "Most B-school students know they’re signing up for classes in subjects like accounting and finance, but they probably don’t expect to see human rights on the syllabus. Professor Michael Posner wants to change that. Posner came to NYU’s Stern School of Business after four years at the Department of State to head the first-ever human-rights center at a business school."

Excerpt from The Hill -- "While the incentive auction is important and deserves the attention it is receiving from the commission and Congress, attention should also be paid to another category of spectrum: the Mobile Satellite Service (MSS) spectrum. This is the most immediately available spectrum—indeed, the only significant block of spectrum that is already licensed but not deployed."

Excerpt from Project Syndicate -- "Watching for progress on these key elements of structural change and reform seems to be the right stance. If markets are confused or pessimistic about China’s longer-term agenda, but if the direction of structural change and reform is positive, there may be investment opportunities that were absent in the more exuberant recent past."

Excerpt from CNC World -- "This previous government [in Portugal] up to now did a very good job, in my opinion, in terms of the restructuring the foreign debt; did a very poor job in terms of explaining and selling ... internally, the policy of fiscal consolidation, because it's had tremendous social costs and some of those costs could have been minimized by a better communication strategy."

Excerpt from CNBC -- "...even though we've not seen the kind of recovery in the labor market that we've seen, for instance, in the stock market, labor and capital do not necessarily need to be in conflict. This is not a zero sum game. And what we have to remember is the thing that is really driving all of this is...technological advancement and globalization."

Excerpt from Financial Times -- "New York University Stern School of Business and New York University School of Law today announced that Sir Mervyn King, the former head of the Bank of England, will be a distinguished visiting professor at both schools in the fall semester. He stepped down from his position of Governor of the Bank of England on June 30, 2013, having served in that role for 10 of his 22 years at the Bank."

Excerpt from Project Syndicate -- "Some factors are cyclical, but others – state capitalism, the risk of a hard landing in China, the end of the commodity super-cycle – are more structural. Thus, many emerging markets’ growth rates in the next decade may be lower than in the last – as may the outsize returns that investors realized from these economies’ financial assets (currencies, equities, bonds, and commodities)."

New York University Stern School of Business and New York University School of Law announced that Sir Mervyn King, the former head of the Bank of England, will be a distinguished visiting professor at both schools in the fall semester.

Excerpt from Financial Times -- "Last semester, about 30,000 students tuned in to his Massive open online course (Mooc) on Apple’s iTunes U and about 20,000 more watched it on YouTube and other online venues. ... 'Fundamentally as teachers, we like an audience and we like to perform,' says Prof Damodaran. 'My primary mission is to reach as many people as I can and technology allows me to expand my classroom.'"

Excerpt from Poets & Quants -- "In 2011, Stern gave CourseHorse $75,000 for winning the Audience Choice Award at its 12th Annual New Venture Competition. ... 'I went to undergrad at Stern and I benefited tremendously from it,' Parthasarathi says."

Excerpt from Quartz -- "The two plans initiated by US and European brands are an unprecedented acknowledgment of their responsibility and commitment to improve working conditions where their products are made. To be sure, there are flaws in both plans and their competing nature makes implementation all the more challenging. But they are an important step forward for workers in Bangladesh."

Excerpt from Bloomberg -- "I think what I see in companies that do very well, I see also in countries. And that is, they put economic 'stuff' in the right place...it's an enormously important skill."

Excerpt from The Wall Street Journal -- "The auditing business rests on what Joshua Ronen, a New York University accounting professor, once called 'a structural infirmity.'"

Excerpt from Morningstar -- "In 'Corporate Investment and Stock Market Listing: A Puzzle?,' professors John Asker, Joan Farre-Mensa, and Alexander Ljungqvist held company size and industry constant and found that the private companies in their (new and extensive) database plowed an average of 6.8% of their assets back into their businesses each year, as opposed to 3.7% for the public companies."

Excerpt from MarketWatch -- “'There’s a real disconnect because your life pre-retirement is much different than your life post-retirement,' says Hal Hershfield, a professor at NYU’s Stern School of Business who conducts research on judgment, decision-making and social psychology with an emphasis on how thinking about time can alter decisions and emotions."

Excerpt from The Huffington Post -- "I think in the long run our greatest hope is capitalism. That might sound like a strange thing to many people now because America is engaged in a debate on the ethical nature of capitalism. What I'm hoping is that we as Americans, and people in other countries, too, can think more clearly about capitalism as the engine of growth that lifts people out of poverty. It can only work when you have efficient markets, and you can only have efficient markets when you have government tamping down on monopoly, on those who exploit public goods, and on those who pass externalities on to others."

Excerpt from the Financial Times -- "Investors depend on long-term returns from stocks to fund their retirements. What a nasty irony, therefore, that public ownership gives company managers reason to favour short-term profits over long-term growth. In a recent paper, John Asker, Joan Farre-Mensa and Alexander Ljungqvist – researchers at New York University and Harvard – find new evidence of this. They compare investment levels at a large sample of private and publicly traded companies over a decade. They find that the private ones invest more than the public ones, growing their total assets by, on average, 6.8 per cent a year versus 3.7 per cent."

Excerpt from Financial Times -- "If Myanmar were to invest quickly and heavily in broadband and mobile telecoms, it could be one of the fastest-growing economies in the world, potentially quadrupling GDP from $45bn in 2010 to over $200bn in 2030, and taking 18m people out of poverty."

Excerpt from Forbes -- "In 2000 he partnered [with] the noted economist William Baumol in Global Trade and Conflicting National Interests, a book that explodes the myth that nations always benefit from free trade. In a debate where most anti-trade arguments don’t pass even elementary tests of economic literacy, Gomory marshaled higher mathematics to confound economic orthodoxy."