Experience Stern | News & Events

Excerpt from CIO Magazine -- "Trends of who's going where, in the aggregate, could be an interesting way of discovering things you didn't know were happening in your city, much like trending information on Twitter sometimes leads people to discover news stories, said Arun Sundararajan, professor of information, operations and management sciences at New York University, who studies digital economics."

Excerpt from Bloomberg -- "'The most likely scenario,' he writes, 'is that most major emerging markets, including China, will experience a transitional growth slowdown but will not be derailed by shifts in monetary policy in the West, with high growth rates returning in the course of the coming year.'"

MBA student Julie Raskin takes on a new partnership role in the private sector, after a career in government.

On Friday, February 21, 2014, the Salomon Center for the Study of Financial Institutions will host Research Day 2014, featuring presentations on in-progress research at NYU Stern and a panel discussion on the current state of the world economy and financial system.

The social enterprise communities of NYU's Leonard N. Stern School of Business, School of Law, and Robert F. Wagner Graduate School of Public Service are co-hosting this year's 4th Annual NYU Social Innovation Symposium (SIS).

A team of four Stern MBA students (Steven Stein, Kathleen Urbani, Lauren Sanders and Jason Davis) took second place and a $5,000 prize in the 2014 UNC Real Estate Development Challenge. It was the first time at the annual challenge that a team from Stern placed within the top three.

Excerpt from ABC News -- “'This is such a wonderful day when a revered religious leader who is particularly beloved on the left comes to a free market think tank, so this is scrambling all the categories,' said Jonathan Haidt, a panelist from New York University."

Excerpt from Financial Times -- "For decades, shifts in energy markets have reshuffled the deck of geopolitical winners and losers. That is now happening again. The latest trend looks here to stay, and the fallout has just begun."

Excerpt from Project Syndicate -- "Even so, amid growing concerns about emerging economies’ prospects, China is attracting attention because of its scale and central position in the structure of global trade (and, increasingly, global finance). As a result, risk assessment in China focuses on the magnitude of the structural transformation, resistance from powerful domestic interests, and domestic financial distortions."

Excerpt from The Atlantic Cities -- "A new working paper by my colleagues Brandon Fuller and Paul Romer of NYU’s Marron Institute projects that the world’s urban population will reach 9.8 billion people by 2210, with nearly 87 percent of the 11.3 billion people on Earth living in cities."

The Berkley Center for Entrepreneurship and Innovation and Founder.org welcome Michael Baum, founder of six startups, for an informational talk entitled "Building a Billion Dollar Company Takes More than Just a Big Idea." This event marks the kick-off of the $100K Founder.org annual competition.

Excerpt from The New Yorker -- "According to a great deal of research, positive fantasies may lessen your chances of succeeding. In one experiment, the social psychologists Gabriele Oettingen and Doris Mayer asked eighty-three German students to rate the extent to which they 'experienced positive thoughts, images, or fantasies on the subject of transition into work life, graduating from university, looking for and finding a job.' Two years later, they approached the same students and asked about their post-college job experiences. Those who harbored positive fantasies put in fewer job applications, received fewer job offers, and ultimately earned lower salaries."

Excerpt from TIME -- "About two thirds of Ukraine’s citizens are ethnic Ukrainians whose first language is Ukrainian. About one-sixth are ethnic Ukrainians who speak Russian. Another one-sixth are ethnic Russians, who live primarily in the east and south near the Russian border. This division creates a fault-line beneath the country that potentially pits one group against the other."

Excerpt from The Atlantic -- "Many people will tell you that flag burning, the eating of a deceased pet, and consensual sex between adult siblings are wrong, but when pressed to explain why, they suffer what Jonathan Haidt has described as 'moral dumbfounding.' They flail around trying to find reasons, which suggests it’s not the reasons themselves that guided their judgments, but their gut intuition."

Excerpt from The Huffington Post -- "There is new and exciting research about the scientific study of religion. Instead of asking theological or philosophical questions, these scholars are looking at religion from sociological, psychological and behavioral perspectives. Authors like Jonathan Haidt in his book The Righteous Mind: Why Good People Are Divided by Politics and Religion or Robert Wright in The Evolution of God are using science to give much more nuance to what religion truly is -- and what it could be."

Excerpt from Bloomberg -- “'You need to have some degree of monetary easing and credit easing, possibly negative deposit rates, to weaken the euro, to ease financial conditions, to jump start credit growth,' Roubini, the co-founder of Roubini Global Economics LLC, said in an interview with Bloomberg Television in Rome today."

Excerpt from AFP -- "David Yermack, a professor at the New York University Stern School of Business, listed Bitcoin's flaws in a recent commentary in the MIT Technology Review as MtGox's woe continued. Among the problems was its 'digital wallets' that are 'vulnerable to thieves and hackers', he wrote in the commentary dated Tuesday."

Excerpt from The New York Times -- "Europe needs a credible plan to rehabilitate its banks. The most direct way would be for the governments of the euro zone to pool resources and issue the same ultimatum America did: Raise more capital or our governments will invest in your banks in ways that will benefit taxpayers and disadvantage your shareholders. The economists Viral V. Acharya and Sascha Steffen have estimated that the capital backstop needed could exceed 500 billion euros."

Excerpt from The New York Times -- “'You can make the argument that this is the most powerful social media platform in the world right now,' said Scott Galloway, the founder of L2 and a professor of marketing at New York University’s Stern School of Business."

Excerpt from TIME -- "Loving cats may not make a person a liberal, but it does increase the odds that a person already is one. To see how accurate our survey was, we analyzed the data from 220,192 TIME readers who took the quiz and then volunteered their actual political preferences, and found that all 12 items did in fact predict partisanship correctly."

Excerpt from MIT Technology Review -- "Money is supposed to serve three purposes: it functions as a medium of exchange, a unit of account, and a store of value. Bitcoin arguably satisfies the first criterion, because a growing number of merchants accept it as payment. But it performs poorly as a unit of account and a store of value."

Excerpt from Inc. -- "Damodaran valued Coca-Cola's business at $79.6 billion, while the value of Cott was limited to $15.4 billion. To figure out the pricing premium, he simply subtracted Cott's value from Coca-Cola's value, arriving at a $64.2 billion total worth for Coke's brand alone."

Excerpt from The New York Times -- "With its thousands of years of centralized decision-making, China may never resemble a Western democracy. But the elite recognizes it must sustain popular support, Mr. Spence said. 'If the party does not deliver real progress to the vast majority of Chinese — it’s a very inclusive concept — they will fail.'”

Excerpt from The New York Times -- "Going abroad for cheap labor isn’t just for big businesses anymore. Thanks to the rise of online job marketplaces, small businesses are increasingly using foreign contract workers to lower their costs. It’s a trend that has the potential to redistribute global wealth, say a group of researchers in a recent working paper published by the National Bureau of Economic Research."

Excerpt from Traders Magazine -- "The outmoded technology used by buy side firms 'bear the characteristics of the typical legacy system,' writes Walter. He added that these aging systems are 'defined as inflexible, outdated and composed of a patchwork of disparate technologies, these systems severely limit product and business development while increasing risk.' according to a press statement about the white paper."