Faculty News

Prof. Jonathan Haidt's new book, "The Righteous Mind," is highlighted

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Excerpt from New York Magazine -- "At the vanguard of this movement is Jonathan Haidt, a moral psychologist whose best-selling new book, The Righteous Mind, collects his own experiments—testing biases, prejudices, and ­preferences—and the work of like-minded colleagues to unmask much of our political 'thinking' as moral instinct papered over, post facto, with ideological rationalization."
Faculty News

Prof. Lawrence White on the outlook for coined money

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Excerpt from Fox News -- "I think there will be a time when coins will be something just for a museum. Probably not in my lifetime, perhaps in my 16-year-old son's lifetime where the electronics will get so easy, so cheap that even when you want to go to the local candy store and just by 17 cents worth of candy you use a credit card."
Faculty News

Research Scholar Robert Frank's book, "The Darwin Economy," is referenced

Excerpt from Christian Science Monitor -- " ... high heels are an example of the kind of pointless competition that Robert Frank highlights in his recent book, 'The Darwin Economy.'"
School News

In this iPad age, MBA student Zoe Feldman is highlighted for utilizing the letterpress

Excerpt from Bloomberg Businessweek -- "Zoe Feldman rents time at The Arm every few weeks to print cards ... and sells them on Etsy. ... The former Pepsi executive and MBA candidate at New York University’s Stern School of Business says she may forsake corporate life if the nascent business takes off."
Faculty News

Prof. Arun Sundararajan on the Google apps transition

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Excerpt from The Wall Street Journal blog -- "'Girouard’s leaving Google now is less serious than it would have been a couple years ago,' Sundararajan said. Girouard was such a strong presence in evangelizing Google’s cloud the last five years that CIOs of small and large businesses alike are comfortable with the platform and strategy, he added."
Faculty News

Nobel Laureate Prof. Michael Spence's research on the asymmetry of information is cited

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Excerpt from The New York Times -- " ... even when unconstrained, price movements are often insufficient to clear markets, as pointed out by George Akerlof, A. Michael Spence and Joseph Stiglitz in work that garnered them the Nobel Prize."
Faculty News

Prof. Thomas Philippon's joint research on Wall Street compensation is highlighted

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Excerpt from The New York Times Dealbook blog -- " ... it is worth reading a study by Thomas Philippon and Ariell Reshef of the National Bureau of Economic Research, which traces industry wages over the last century. Its conclusion might not surprise you: financiers, to put it plainly, were overpaid."
Faculty News

Prof. Tom Meyvis on New Balance promoting its US-produced running shoe

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Excerpt from The New York Times -- "Tom Meyvis, an associate professor of marketing at the New York University Stern School of Business, warned, however, that although running-shoe buyers might say they care where merchandise was made, 'in a concrete shopping situation, a lot of ideals don’t matter that much anymore. Features such as price and design have a bigger impact.'"
Faculty News

Prof. Roy Smith on how Ian Hannam's exit will affect JP Morgan

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Excerpt from Bloomberg -- "'As long as JPMorgan cuts its ties, it is no longer involved,” said Roy Smith ... 'Its public reputation may be affected for a while but its reputation with clients for competence, professionalism and integrity is likely to survive unchanged.'"
Faculty News

Prof. David Yermack's research on corporate jet activity is featured

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Excerpt from The Times of London -- "David Yermack, a finance professor at New York's Stern School of Business, reckons that public companies go into a kind of purdah when their bosses are on holiday. News announcements drop by 40 per cent."  Additional coverage appeared in another Times of London piece.
School News

NYU Stern to host the third annual Tribeca Disruptive Innovation Awards on 4/27

Excerpt from WeAreMovieGeeks.com -- "The Tribeca Film Festival (TFF), in association with noted Harvard Business School Professor Clay Christensen and the Disruptor Foundation, announced it will hold the third annual Tribeca Disruptive Innovation Awards, hosted by NYU Stern School of Business, on April 27. The 11th edition of TFF runs April 18 to 29."
School News

MBAs in the Stern Consulting Corps work with City Harvest to develop healthy snacks for NYC kids

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Excerpt from New York Post -- "MBA students in the Leonard N. Stern School of Business’s Consulting Corps (SCC) program have taken on City Harvest, New York City’s food rescue organization, as a client. As part of their pro-bono work and learning experience, SCC students tackle real business challenges and opportunities outside of the classroom, as well as receive mentoring from leaders at top-tier consulting firms and from faculty advisors."
Business and Policy Leader Events

2012 Haskins Cocktail Reception

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Join fellow alumni and business leaders on April 3, 2012, at The Bowery Hotel for our inaugural Haskins Cocktail Reception. This event celebrates and recognizes the contributions of our Haskins Partners, Haskins Fellows, and Young Haskins Partner Associates.
Business and Policy Leader Events

American Television Executive Jeff Zucker Speaks to MBA Students at Leadership Luncheon Series

Jeff Zucker, former president and CEO of NBC Universal, spoke to a group of MBA students through NYU Stern’s Leadership Luncheon Series, coordinated by the School’s Leadership Development Team.
Faculty News

Prof. Nouriel Roubini compares the euro zone countries to Japan

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Excerpt from Financial Times -- "'Japan had a Great Recession, and a Great Stagnation, but it never had a Great Depression,' [Roubini] says. 'But recession in some euro zone countries could become a depression, just like the 1930s.'"
School News

Winner of 2004 New Venture Competition, Rickshaw Dumpling, founded by alums David Weber & Kenny Lao

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Excerpt from The New York Times -- "Mr. Weber, a former World Bank consultant with an M.B.A. in management from the Stern School of Business at New York University, believes that food trucks 'can help create neighborhoods.'"
Faculty News

Prof. Ralph Gomory on the consequences of unbalanced trade

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Excerpt from The Huffington Post -- "Gomory, who is co-author of the book 'Global Trade and Conflicting National Interests,' pointed out: 'With unbalanced trade, we are consuming more than we produce and that cannot go on without us being poor and in debt to everyone else.'"
Faculty News

An op-ed by Prof. Nouriel Roubini on breaking up the euro zone

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Excerpt from Financial Times -- "The eurozone still lacks essential features of monetary unions that have stood the test of time; and planned reforms may exacerbate latent fiscal, banking and external imbalances, leaving it less, rather than more, resilient to regional shocks."
Faculty News

Prof. April Klein's paper on hedge fund activism is highlighted

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Excerpt from Fortune -- "In a paper published in 2009, NYU Stern School of Business professor April Klein looked at 151 activist hedge fund targets between 2003 and 2005. She found that out of those 151 targets, activist shareholders received a seat on the board about 44% of the time."
Faculty News

Prof. Lawrence White on ratings agencies

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Excerpt from Global Finance Magazine -- "Pay for the ratings with advertising. This could be lucrative if ratings agencies were to publish their ratings on a website in real time and the ads were online, notes Lawrence White, an economics professor at the NYU Stern School of Business."
School News

Vice Chairman, NYU Trustees & Chairman of the Overseers William Berkley (BS '66) is featured

Excerpt from Leaders Edge Magazine -- “The fact that I ended up going to NYU because someone I never knew decided that I should get financial aid was a real eye-opening experience,” Berkley says. “What an incredible thing to have happen. It’s something I remember all the time.”
Faculty News

"A History of Interest Rates," co-authored by Prof. Richard Sylla, is cited

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Excerpt from Financial Times -- " ... the US Treasury market after the end of the Second World War ... yields on long-term Treasuries hovered around 2 percent. 'This was the crest of the 26-year bull bond market,' write Sidney Homer and Richard Sylla in 'A History of Interest Rates.'"
Faculty News

Prof. Paul Romer is highlighted for leading the new growth theory

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Excerpt from Harvard Business Review -- "The economist Paul Romer is credited with leading the new growth theory, which holds that growth has no natural limits because the capacity for technological innovation is unlimited. Investments in human capital increase rates of return, in his view."
Faculty News

Prof. Jonathan Haidt on why we like to lose ourselves in religion

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Excerpt from CNN -- " ... every known religion has some sort of rite or procedure for taking people out of their ordinary lives and opening them up to something larger than themselves. It was almost as if there was an "off" switch for the self, buried deep in our minds, and the world's religions were a thousand different ways of pressing the switch."
Faculty News

Nobel Laureate Prof. Michael Spence's co-analyses of markets with asymmetric information is cited

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Excerpt from The New York Times -- " ... even when unconstrained, price movements are often insufficient to clear markets, as pointed out by George Akerlof, A. Michael Spence and Joseph Stiglitz in work that garnered them the Nobel Prize. This outcome is particularly likely in markets where both sides of an economic transaction have differing sets of information, like in the credit market."

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