Experience Stern | News & Events

Excerpt from Benzinga.com -- “Neither the public nor economists foresaw that [S&L deregulation was] bound to produce looting. Nor, unaware of the concept, could they have known how serious it would be."

Excerpt from The Diplomat -- "As Nobel laureate Michael Spence has noted, the current era of economic growth is occurring in 'the third century of the Industrial Revolution.' Like the modernization of Europe and the United States during the 19th century, economic development in Brazil, India, and China has been powered by the prodigious use of fossil fuels."

Excerpt from Livemint -- "Very soon, India will have the world’s largest ever biometrics database, a fertile foundation for creating the myriad applications that will unleash the value of Aadhaar."

Excerpt from The New York Times -- "A flat tax would do nothing to make filing tax returns any simpler. But, more important, it would greatly exacerbate longstanding growth in income inequality."

Excerpt from Forbes -- "Investor Robert E. King and his wife have given $150 million (part of which is a challenge grant) to found the Stanford school’s Institute for Innovation in Developing Economies, which will informally be known as SEED. ... (SEED itself will be chaired by Nobel winner Michael Spence, another specialist on development economics and dean emeritus of Stanford GSB.)."

Excerpt from Barron's -- "Lev empirically proves the parental admonition that honesty is the best policy. In a company's case, honesty without delay will almost always result in better stock performance over time than evasion and obfuscation."

Excerpt from The Wall Street Journal -- "The board should be focused on unlocking [Yahoo] value for all shareholders instead of protecting a small group." Additional coverage appeared in CNET

Excerpt from Variety -- "The volume of submissions is up but the commercial viability is down. Most of the submissions we are seeing don't merit a viable commercial release."

Excerpt from Occidental Observer -- "Jonathan Haidt (a social psychologist himself) has made a major contribution calling attention to social psychology as a 'tribal moral community' united in its liberal political commitments. He notes that articles that contravene the tribal liberalism are subjected to much higher standards in order to get published."

Excerpt from Investment Weekly News -- "The event will culminate with a closing keynote presentation on sovereign debt today and its position in the global economy from Edward I. Altman, PhD, Max L. Heine Professor of Finance at NYU Stern School of Business and an internationally renowned expert on corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis."

Excerpt from Science News -- "Power laws are one of those intriguing facts that force people to write new theories that hopefully will explain them."

Excerpt from Forbes -- ”Family firms are managed with lower risk and higher overall financial health."

More than 130 experts and thought leaders from the public, nonprofit, for-profit and academic sectors, representing 25+ countries, gathered for the Eighth Annual Conference on Social Entrepreneurship, presented by NYU Stern’s Berkley Center for Entrepreneurship & Innovation. The annual conference explores the latest theory and research on social entrepreneurship and its impact on global communities.

Excerpt from Retail Wire -- "Where a purchase is made marks the beginning of the journey, not the end. Is the traditional path to purchase model becoming less relevant?"

Excerpt from Stamford Times -- "Visiting Associate Professor of Management at the NYU Stern School of Business, Gary Katzenstein, will speak at the World Affairs Forum on Nov. 16 at UConn-Stamford."

Excerpt from Fastcoexist.com -- "NYU economist Paul Romer, the originator of the idea of Charter Cities, is working with the Honduran government to help make sure the project there is a success."

Excerpt from CNBC -- "Let me tell you, I'm a bull. I think America's greatest days are ahead of them. Any way you want to mention them. We have tough decisions to make. we're going to have to make them. I think this election coming up is going to create definition one way or the other." Additional coverage appeared in Capital.gr, The Washington Post, Bloomberg

Excerpt from Interactive Investor -- "Dr Edward Altman, an American academic, devised the Z-score during the 1960s, although his original work has since been updated. Altman believes that the Z-score will signal 70-80% of bankruptcies of publicly listed companies - before they happen."

Excerpt from Marketplace Radio -- "Responsibility is in the hands of the Greek government to bring reforms to the economy. The willingness of the European community to support Greek debt depends upon those reforms taking place, and all of that is a big question mark."

Excerpt from CNBC -- "I think most likely there is going to be a short government before elections. He will participate in that government. He is going to endorse the treaty, but at the same time, the actual implementation law for the treaty will not be ratified before a new government comes up." Additional coverage appeared on CBC, SETimes.com, Southern Daily Press, Tech Policy blog, Bloomberg TV, The Huffingotn Post, Ilsussuduario, Kathimerini, Bing.com and Trends.

Excerpt from The New York Times -- "Europeans have decided to continue their reliance on ratings for financial regulation – but apparently not when those ratings are unfavorable."

Excerpt from Bloomberg TV -- "The question here is, is this Amazon, where its losses are funding some sort of sustainable advantage, like what Amazon did with convenience and incredible distribution facilities that were kind of expensive at the time or is this Pets.com where it's funding growth that's not sustainable? And we would probably argue that it's the latter."

Excerpt from The Wall Street Journal -- "'If someone works half-time at Starbucks and half-time at McDonald's, it counts twice,' says Thomas Cooley, a professor at New York University's Stern School of Business who has spent time studying the jobs data."

Excerpt from CNBC -- "Thomas Sargent and Christopher Sims, Harvard classmates, were just awarded the 2011 Noble prize for Economic Sciences. Selected for their real-world science of modeling, the laureates are extolled for explaining the impact the global markets have on domestic economies."  Additional coverage appeared on a Reuters blog.

Excerpt from Indie Wire -- "When I first got [to Tribeca Film], there were three of us, including Keith, and Sharon Badal who now heads shorts programming."