Faculty News
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In an op-ed, Research Scholar Robert Frank proposes a progressive tax on household consumption

Excerpt from Slate -- "A progressive consumption tax may be our only politically realistic hope for ending the downturn quickly and limiting the growth in consumption inequality that has made life so much more difficult for the 99 percent." Additional coverage appeared on a Washington Post blog, Boston Review, Slate blog and Princeton University Press.
Faculty News
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An op-ed by NYU Stern Faculty on what a euro zone collapse means for the US

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Excerpt from New York Post -- "The eurozone financial system is at serious risk of collapse — which would mean calamity for the US system, too. But our government’s not prepared."
Faculty News
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Prof. Thomas Sargent is cited for receiving the 2011 Nobel Prize in Economics

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Excerpt from Associated Press -- "Sims and Sargent won the Nobel prize for research on the cause-and-effect relationship between the economy and government policy, which helps policymakers determine if governments should cut deficits or spend more to help invigorate the global economy." Additional coverage appeared in Financial Times.
Faculty News
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An op-ed by Prof. Amity Shlaes on the plan to extend the payroll-tax holiday

Excerpt from Bloomberg -- "In the name of making Americans feel less bad about their situation now, lawmakers are proposing something that sounds good, but will actually make our financial future worse."
Faculty News
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In an op-ed, Prof. Ralph Gomory discusses bringing manufacturing back to the US

Excerpt from The American Prospect -- "If we want a company to produce in the U.S., let’s reward companies for doing that, for producing more value-added within the U.S. Give them better tax rates."
Faculty News
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Nobel Laureate Prof. Michael Spence explains how the US got out of the Great Depression

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Excerpt from The Washington Post -- "Michael Spence, the Nobel Prize-winning economist, points out that the United States got out of the Great Depression because of the spending associated with World War II but also because during the war, it dramatically reduced its consumption and expanded investments. People spent less, saved more and bought war bonds."
Faculty News
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Prof. Gregory Furman on the Luxury Marketing Council’s new China chapter

Excerpt from Jing Daily -- "The functions of the China chapter are to be a thought leader in every segment of retail, consulting, and publishing so as to better serve the best customers, to better educate the best customers about what makes luxury worth the price." Additional coverage appeared in another Jing Daily piece.
School News
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NYU Stern's 2011 Global Systemic Risk Rankings are featured

Excerpt from Motley Fool -- "NYU Stern School of Business recently has come up with a global ranking of financials in regards to Systemic risk and I love this list."
Faculty News
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Prof. David Poltrack on the outlook for broadcast advertising

Excerpt from Media Life Magazine -- "At yesterday's UBS media conference in New York Poltrack presented his forecast, which predicted that broadcast ad revenue will rise 7.3 percent in 2012." Additional coverage appeared in MediaPost.com, MediaPost, and MultiChannel.com.
Faculty News
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Prof. Thomas Sargent is cited for winning the 2011 Nobel Prize in Economics

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Excerpt from Reuters -- "'A euro bond that was clearly backed by some kind of euro-wide fiscal authority would have the same kinds of advantages that U.S. treasury bills do now,' added Sims, who will share the 2011 Nobel prize for economics with Thomas Sargent."
Faculty News
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Prof. Jonathan Haidt's term, "in-group loyality," is referenced

Excerpt from National Review -- "I am keenly aware that I am, in Jonathan Haidt’s terms, a person who prizes in-group loyalty very highly. This has defined my personal relationships, and also, I increasingly realize, my mental model of partisanship."
Faculty News
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An op-ed by Profs Thomas Cooley, Matthew Richardson & Kermit Schoenholtz on the euro crisis

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Excerpt from Politico -- "Hamilton’s approach provides a roadmap for Europe to rescue not just the euro, but the entire euro-area financial system." Additional coverage appeared on Politico.
Faculty News
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Student Club Events
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Stern’s Government and Business Association MBA Club Hosts a Dialogue on Occupy Wall Street

Some 200 students gathered on November 30, 2011, for a panel discussion on the Occupy Wall Street movement, hosted by the Stern Government and Business Association (GBA) MBA club. The panel, moderated by Vice Dean for Graduate Education Adam Brandenburger, featured Justin Wedes, New York City general assembly organizer for Occupy Wall Street; David Paterson, former governor of New York; Andrew Serwer, managing editor of Fortune magazine; and Roy Smith, Kenneth G. Langone professor of entrepreneurship and finance. The panelists reflected on the sentiment behind the Occupy Wall Street movement and assessed the movement’s successes and challenges. A very lively floor discussion followed.
School News
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Dean Peter Henry's career highlights and educational insights are featured

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Excerpt from Financial Times -- "At NYU Stern we relish the opportunity to inspire our students to engage in “an education in possible” – a journey that equips them with the tools they need to transform the challenges of the 21st century into opportunities to create value for business and society."
School News
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NYU Stern will host the Ultra Light Startups's Investor Feedback Forum & Pitch Showdown on 12/8

Excerpt from NYConvergence -- "On Thursday, December 8 at 6:30 at the NYU Stern Business School, Ultra Light Startups will be hosting its Investor Feedback Forum and Pitch Showdown. By receiving comments and constructive criticism from panelists and the audience, startups will have the chance to perfect their investor pitch."
Faculty News
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Prof. Bryan Bollinger's research on the diffusion of solar panels in California is cited

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Excerpt from The Washington Post -- "There’s a new paper out from Bryan Bollinger of NYU’s Stern School and Kenneth Gillingham of Yale finding that, in California, solar power seems to be contagious." Additional coverage appeared in Forbes.
Faculty News
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The Mei Moses Fine Art Index, co-created by Prof. Michael Moses, is cited

Excerpt from China Economic Net -- "Mei Jianping, finance professor of Cheung Kong Graduate School of Business and co-founder of the Mei Moses Art Index, suggested that he was optimistic about this year's autumn auction."
Faculty News
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Prof. David Poltrack on the outlook for broadcast networks

Excerpt from Deadline -- "[Poltrack] says that the broadcast networks are in for a great 2012 with ad sales up 7.3% — and not just because of the quadrennial effect. Even without the impact of political spending and the Olympics, broadcast sales would be up 5% he says."
Faculty News
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Prof. Paul Romer is cited for his influential thinking about economic growth

Excerpt from The American -- "Romer is best known for several breakthrough papers in the theory of economic growth. I draw not so much on the technique of those papers but a few of Romer's ideas about ideas, most importantly that ideas are sunk costs."
Faculty News
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Prof. David Poltrack believes consumer spending will fuel economic recovery

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Excerpt from New York Times -- “We believe that consumer spending will continue to increase ... fueling that recovery.” Additional coverage appeared in TV Week.
Faculty News
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Nobel Laureate Prof. Michael Spence on alliances with the China Development Bank

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Excerpt from New York Post -- “'China wants to dramatically increase its outbound investments,' Spence said, and could learn how to invest like a buyout firm by working closely for a time with the industry giants."
Faculty News
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Prof. Edward Glickman is cited as a co-chair of the Kimmel Cancer Center's Men's Event

Excerpt from Kimmel Cancer Center blog -- "About 150 people joined Richard Pestell, M.D., Ph.D., Director, Kimmel Cancer Center at Jefferson, Leonard Gomella, M.D., Chair, Department of Urology at Jefferson and 2011 Men’s Event Co-Chairs Edward Glickman, President of Pennsylvania Real Estate Investment Trust, and Joseph Weiss, Chairman, Electronic Ink, for an evening of cocktails, dinner, entertainment, auctions and friends."
Faculty News
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An op-ed by Research Scholar Robert Frank on the consequences of growing income inequality

Excerpt from Slate -- "In short, the growing income inequality that OWS protesters are calling to our attention is not the nonissue that many of the movement’s critics say it is. Growing income disparities have imposed enormous costs on almost everyone." Additional coverage appeared in New America Foundation.