Faculty News

An interview with Prof. Nicholas Economides on the euro falling

Excerpt from Bloomberg TV -- "It's inspired by Germany, it's a way to go forward with much more discipline. I'm afraid though that the way it was set up, it was almost blackmail fashion. You have to accept it, or if you don't accept it the financial markets are going to eat you alive."
School News

Vice Chair of NYU Trustees & Vice Chair of the Board of Overseers Kenneth Langone on Home Depot

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Excerpt from CNBC -- "Discussing why Home Depot is still in a good position despite the drop in contractor business, with Kenneth Langone, Invemed Associates/Home Depot co-founder." Additional coverage appeared in Capital.gr.
School News

MBA students in the Stern Consulting Corps are highlighted

Excerpt from NBC New York's ThreadNY blog -- "We also have a program with NYU Stern students, who are getting their MBAs, who work with designers on their business plans. We are now in our second CFDA Incubator class. It’s really a fully-rounded opportunity for designers."
School News

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

Excerpt from Risk and Insurance -- "William R. Berkley has been in the insurance business ever since he launched his company with $2,500 out of Harvard's business school in 1967. That means he's been playing the property/casualty coverage game for nearly 45 years."
Faculty News

Nobel Laureate Prof. Thomas Sargent on the euro zone's sovereign nations

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Excerpt from The Wall Street Journal -- "To use an American analogy recently promoted by Nobel laureate and New York University economist Thomas Sargent, the 17 have been trying to fix their debt and banking problems under the equivalent of the Articles of Confederation, not the Constitution."
Faculty News

Nobel Laureate Prof. Michael Spence is cited for speaking at last year's Delhi Economic Conclave

Excerpt from Newstrack India -- "Last year we did a small conference around this time, Michael Spence was the international speaker."
Research Center Events

Salomon Center and the Center for Global Economy and Business Discuss the Future of the Euro

On December 12, NYU Stern's Salomon Center and Center on Global Economy and Business hosted an event to discuss the state of the Eurozone and the Euro.
Faculty News

Nobel Laureate Prof. Michael Spence's book, "The Next Convergence," is referenced

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Excerpt from Business Insider -- "Keene also shared his seasonal reads with us. For the winter he's all over Daniel Kahneman's Thinking Fast and Slow, and his book for the fall was Michael Spence's, The Next Convergence: The Future of Economic Growth in a Multispeed World."
Faculty News

Prof. Nicholas Economides says US banks are vulnerable to the European crisis

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Excerpt from The Huffington Post -- "American banks' vulnerability to the crisis in Europe is 'substantial across the board,' said Nicholas Economides, economics professor at New York University's Stern School of Business."
Faculty News

Prof. Amity Shlaes's book, "The Forgotten Man," is cited

Excerpt from The New American -- "'From 1929 to 1940, from Hoover to Roosevelt, government intervention helped make the Depression Great,' writes Amity Shlaes in 'The Forgotten Man: A New History of the Great Depression.'" Additional coverage appeared in Belleville News Democrat and American Spectator blog.
Faculty News

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

Excerpt from Princeton University -- "Princeton University professor Christopher Sims accepted his Nobel Prize in economics Dec. 10 during a ceremony at the Stockholm Concert Hall in Sweden. The prize was awarded to Sims along with Thomas Sargent, a New York University economist and visiting professor this semester at Princeton, for developing tools to analyze the economic causes and effects of monetary policy."
Faculty News

Nobel Laureate Prof. Thomas Sargent is cited as a "rational expectations" leader

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Excerpt from Financial Times -- " ... 'rational expectations' practitioners, of whom Thomas Sargent is an acknowledged leader, might claim to derive inspiration from von Hayek’s earlier work on the role of markets and the use of knowledge in society (American Economic Review, 1945)."
Faculty News

Executive Board Member Richard Bernstein on investing in small-cap stocks

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Excerpt from CBS News -- "Smaller U.S. companies are starved for capital much the way that emerging markets, energy and commodities were 10 years ago." Additional coverage appeared in Business Insider.
School News

An event with Prof. Nouriel Roubini and author Roberto Saviano at NYU Stern is featured

Excerpt from i-italy.org -- "After Saviano's speech, professor Roubini started to talk and thanked his interlocutor for being in New York, risking his life everyday for justice and social equality, and by commenting his words he added that there is another important discipline that should be studied, a better management of criminal money (Italian to English translation)." Additional coverage appeared in Badische Zeitung.
Faculty News

An op-ed by Research Scholar Robert Frank on improving the US government

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Excerpt from New York Times -- "If government is inevitable, why not try to create the most effective one possible? Success requires focus and hard work, which in turn require dedicated and competent public servants. But experience shows that it’s possible."
Faculty News

Nobel Laureate Prof. Michael Spence's research on US job creation is cited

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Excerpt from Financial Times -- "According to a study this year by Michael Spence, a Nobel Prize-winning economist from Stanford University, and Sandile Hlatshwayo, all net job creation since 1990 has been in the 'non-tradable sector.'" Additional coverage appeared in US News & World Report.
Faculty News

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

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Excerpt from Associated Press -- "Americans Christopher Sims and Thomas Sargent won the economics prize for describing the cause-and-effect relationship between the economy and government policy." Additional coverage appeared in Arirang News, Reuters Africa, Bloomberg, Gulf News, and MSNBC Photo blog.
School News

Overseers Board Member Chandrika Tandon on how music has changed her

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Excerpt from Times of India -- "I cried for two days thinking of what makes me happy. And it was music ... music has changed me personally and professionally." Additional coverage appeared in Daily Bhaskar and DNA India.
Faculty News

Prof. Paul Romer's charter cities concept is applied to Honduras

Excerpt from The Economist -- "The Honduran regions are modelled on a concept called 'charter cities' developed by Paul Romer, an economics professor at New York University. The principle is simple: take a piece of uninhabited land big enough for a city of several million, govern it by well-tried rules and let those who like the idea move there."
Faculty News

Prof. Amity Shlaes on the Great Depression and her book, "The Forgotten Man"

Excerpt from The Economist -- "Amity Shlaes, an economic historian, argues that 'government intervention helped make the Depression Great.'" Additional coverage appeared in Crain's New York Business and PBS Newshour.
Faculty News

Prof. Nicholas Economides on the ECB's liquidity crisis

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Excerpt from The Huffington Post -- "To actually resolve the liquidity crisis, Economides said, either the ECB would need to ramp up its purchase of government bonds, or the European Financial Stability Facility and the European Stability Mechanism -- two bailout funds -- would have to be expanded to contain enough money to be capable of bailing out both Italy and Spain and still have some money left over."
School News

Prof. Nouriel Roubini & Robert Saviano discussed Italy and the financial crisis at NYU Stern on 12/8

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Excerpt from Vanity Fair Italy -- "As often happens, the most interesting topics come with questions. The same happened last night at NYU's Stern School of Business at the meeting with Roberto Saviano and the American economist Nouriel Roubini (Italian to English translation)." Additional coverage appeared in Corriere della Sera, Quotidiano, ANSA, La Repubblica, Dario del Web, Lettera43, Net1News, and InfoOggi.
School News

Assistant Dean Erin O'Brien on the TRIUM Global Executive MBA program

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Excerpt from Times of India -- "Erin O'Brien, assistant dean, TRIUM Global Executive MBA Program and NYU Stern Global Programs, points out that the program integrates international economic, political and social policy into the business curriculum."
Faculty News

Research Scholar Robert Frank's views on how to reduce US unemployment are highlighted

Excerpt from Media Matters for America -- " ... there are other ways to attack unemployment that could garner bipartisan support. Perhaps the most promising is a payroll tax holiday." Additional coverage appeared in New America Foundation, New York Times blog, and Phillyburbs.com.
Faculty News

Prof. Vicki Morwitz on Apple's new Grand Central Terminal store

Excerpt from ItaliaOggi -- "This means that they included 'individuals usually considered as the target of Apple, for example, creative people who work in advertising agencies as well as business executives,' Vicki Morwitz told ItaliaOggi (Italian to English translation)."