Experience Stern | News & Events

Excerpt from The Malaysia Star -- "As described by economist Robert H. Frank, the desire to keep up with the Joneses is similar to the arms race among countries."

Excerpt from Bloomberg -- "They had gathered for the S.L.E. Lupus Foundation gala honoring U.S. Senator Frank Lautenberg and his wife, Bonnie Englebardt Lautenberg, and featuring a performance by Carole King, including the apt 'You’ve Got a Friend.'"

Excerpt from Knowledge@Wharton -- "... 'social media is democratizing marketing,' Ghose argues, because the viral spread of information is forcing companies to communicate better with their customers and is giving consumers a greater voice."

Excerpt from CNC World -- "The global outlook is quite tough. Not only do we see continued weakness in Europe ... we see weak economic numbers in the U.S. and ... we see a housing market in China that shows signs of slowing ..."

Excerpt from Euromoney -- “The idea of the Dodd-Frank Act was to address the too-big-to-fail problem, at least some of which arises from short-term financing and the shadow banking markets."

Excerpt from TechCrunch -- "[Fondu] raised a $575,000 seed round led by ENIAC Ventures. The NYU Innovation Fund, Harbor Road Ventures, Blazer Ventures, Lawrence Lenihan, and Zach Aarons also participated in the round. "

Excerpt from PBS Newshour -- "And, checking with NYU's celebrated economic historian Richard Sylla, we find that today's rates are astonishingly close to the lowest in the entire history of the United States: 1.85 percent, the nadir reached in late 1941." Additional coverage appeared on a New York Times blog.

Excerpt from The New Yorker -- "Baumol recognized that some sectors of the economy, like manufacturing, have rising productivity—they regularly produce more with less, which leads to higher wages and rising living standards. But other sectors, like education, have a harder time increasing productivity."

Excerpt from Project-Syndicate -- "Only bold and largely unconditional commitments by both the European Union and Italy can break this dangerous impasse. Absent either one, the risk of a sequential unraveling of eurozone public finances and a global economic downturn will remain high."

Excerpt from Reuters -- "An admission from the head of the second-biggest U.S. investment bank that he's okay with shrinking is an extraordinary recognition of regulatory and market realities, said Roy Smith, a former Goldman Sachs partner who teaches management practice at NYU's Stern School of Business." Additional coverage appeared in US News & World Report, The Chicago Tribune, ABS-CBNNews.com, CNBC, and the International Business Times.

Excerpt from Big Think -- "If the yuan has a low value relative to the dollar, American goods do indeed look very expensive in comparison to Chinese goods."

Excerpt from Fora.tv blog -- "'Almost one in ten minutes of media is consumed on a mobile device,' Galloway explained. 'The shift toward digital by the consumer is well ahead of the shift toward digital dollars being spent by brands themselves.'"

Excerpt from CNBC -- "People have to remember that as messed up as things are here, we're probably the best house on a bad block, and I think people forget that. people tend to think these problems are just US problems, and I think we're learning, slowly but surely, that Europe's got very similar problems."

Excerpt from TheStreet.com -- "Water may turn out to be the biggest commodity story of the 21st century."

Excerpt from Reuters blog -- "Baumol recognized that some sectors of the economy, like manufacturing, have rising productivity—they regularly produce more with less, which leads to higher wages and rising living standards. But other sectors, like education, have a harder time increasing productivity."

Excerpt from Targeted News Service -- "Sinan Aral, New York University Stern School of Business assistant professor and Facebook scholar-in-residence, will also speak on March 7."  Additional coverage appeared on PhysOrg.com.

Excerpt from News Daily -- "An admission from the head of the second-biggest U.S. investment bank that he's okay with shrinking is an extraordinary recognition of regulatory and market realities, said Roy Smith, a former Goldman Sachs partner who teaches management practice at NYU's Stern School of Business."

Excerpt from Heritage.org -- "Other things being equal, an increase in the mortgage interest rate leads to a slight decrease in home prices. For example, a 25-basis-point increase in the interest rate, as discussed in an economic study by Scott Frame and Lawrence J. White, yields housing prices that are 2.25 percent lower than they would be otherwise."

Excerpt from The Atlantic -- "We have seen that central banks trying to lend to undercapitalized institutions doesn't solve the problem... What they really need to do is recapitalize the entire European banking system in one fell swoop."

Excerpt from NPR -- "A pension represents a stream of payments that are going to stretch out into the future just the way a mortgage represents a stream of payments by the borrower back to the lender." Additional coverage appeared in Kosu.org.

Excerpt from The Bohol Standard -- "He said that population control is not among the five solutions or ingredients found by the 2006 Commission on Growth Development, a commission headed by Nobel prize winner Michael Spence."

Excerpt from Benzinga.com -- "Accounting control fraud, as criminologists, economists, and (competent) financial regulators recognize is a 'sure thing.' See George Akerlof and Paul Romer, 'Looting: the Economic Underworld of Bankruptcy for Profit' (1993)."

Excerpt from Downtown Express -- “If the D.O.E. refuses to acknowledge the need for more schools Downtown and doesn’t try to get those schools built, then the forecasts that say we need more schools will be wrong because people will move out.”

Excerpt from The Economist -- "As Thomas Philippon, a French economist, pointed out in 'Le Capitalisme d’Héritiers,' a 2007 book, too many big French companies rely on educational and governmental elites rather than promoting internally according to performance on the job."

Excerpt from The Wall Street Journal -- "New York University's influential Nouriel Roubini argued that not only Greece but also Italy would have to leave—or be kicked out of—the euro zone." Additional coverage appeared in The Wall Street Journal, Financial Times, and CNBC.