Experience Stern | News & Events

Excerpt from Forbes -- "Named by Forbes as one of the 'Women Changing the World,' Amy Webb is a quantitative futurist. She is a professor of strategic foresight at the NYU Stern School of Business and founder of the Future Today Institute, a leading foresight and strategy firm that helps leaders and their organizations prepare for complex futures. Founded in 2006, the Institute advises Fortune 100 and Global 1000 companies, investment firms and government agencies."

Excerpt from New Statesman America -- "The notion of 'deglobalisation' also exaggerates the reversal of recent years. Global economic integration may have stalled but an index published in December by the logistics firm DHL and the Stern Business School concluded: 'The world remains more connected than at almost any other point in history… with no signs of a broad reversal of globalisation so far.' Assessing figures for trade, investment and other cross-border activity, it found 'no broad retreat from corporate globalisation.'"

Excerpt from Economic Policy Journal -- "This, in effect, is what the new book, When the President Calls: Conversations with Economic Policymakers, is all about. The author of the book, NYU Stern economics professor Simon W. Bowmaker, spent the last seven years talking with thirty-five economic policymakers about their work in the White House. And this book reproduces those interviews."

Excerpt from the Financial Times -- "As infection concerns boost remote working, 'everybody in New York thinks they’ll sit at home and get takeout, but nobody who delivers takeout or Amazon parcels gets paid sick leave,' points out Alison Taylor, executive director of NYU Stern's Ethical Systems centre. An ethical business should extend such benefits to contract and gig economy workers, she argues: 'Do I think there’s a hope in hell they’ll do that? No way.'”

Excerpt from MarketPlace -- "These days we think nothing of getting into a stranger’s car or hiring someone to pick up a chicken at the grocery store. The gig economy has become enmeshed in our daily lives, said NYU business professor Arun Sundararajan. 'Something that people are realizing as they consider the prospect of a more widespread outbreak is the extent to which they rely on immediacy today,' he said. 'If you don’t have something, you press a button.'”

Excerpt from Adweek -- "According to Allen Adamson, founder of marketing firm Metaforce and adjunct professor at New York University’s Stern School of Business, such moderation makes sense. 'Mentioning the virus is like touching the third rail—no marketer should go near it,' Adamson said."

Excerpt from The Washington Post -- "Deregulation has already gone too far, and the coronavirus could pose unique challenges to the financial system that are still unclear, said Larry White, a professor at New York University Stern School of Business. As the virus spreads some people may not be able to work, shop and travel, he said, and 'that is a problem for businesses because at the end of the day they won’t be able to sell stuff.'”
 

Excerpt from The Wall Street Journal -- “'I don’t think the Centers for Disease Control and Prevention or anyone else has the ability yet to forecast the future evolution of the virus with much confidence,' said Stephen Ryan, an accounting professor at New York University."

Excerpt from The Washington Post -- "'Consumers’ irrational behavior will certainly do more damage than reality will,' said Allen Adamson, a consumer brand consultant who teaches at New York University’s Stern School of Business. 'People are emotionally driven and nervous, and nothing makes them more nervous than a threat they can’t see.'”

Excerpt from Bloomberg -- "'If the Olympics get canceled it’s a good idea for Airbnb to think seriously about putting off their IPO' to next year, says New York University Professor Arun Sundararajan, an expert on IPOs. 'It’s not a good idea for them to go public when the pandemic is still underway; there’s too much uncertainty to realistically price the stock.'"

Excerpt from Politico -- "As social media becomes a “more pervasive part of day to day life,” said Paul Barrett of New York University’s Stern Center for Business and Human Rights, the potential damage caused by disinformation becomes greater. People consuming information on social media are less discriminating, he said, creating more opportunity for them to be misled, which fosters a dangerous cynicism.

Excerpt from The New York Times -- “'The Accord and Alliance were accidents of history facilitated by the scale of the Rana Plaza tragedy,' said Michael Posner, a professor of ethics and finance at New York University’s Stern School of Business. 'Because so many companies participated, they made unprecedented improvements to factory safety.'"
 

Excerpt from MarketScale -- "Voice of B2B Daniel Litwin was joined remotely in MarketScale’s Trinity Studio by Lawrence J. White, a t Professor of Economics at the NYU Stern School of Business, to discuss the continued impact of the potential merger between telecom giants Sprint and T-Mobile. White, who also appeared on Litwin’s legislative and policy show, Ratified, and his colleagues filed a working paper with the U.S. Department of Justice the reasons why it would be anticompetitive."

Excerpt from Nasdaq -- "If I had to recommend a single, must-read article for this week, it would be Aswath Damodaran’s A Viral Market Meltdown: Fear or Fundamentals?. As always, I admire the balanced and evidence-based work. As a Finance Professor and valuation expert, Prof. Damodaran does not exaggerate his credentials. While he takes note of the facts about the virus, he recognizes that his model for judging the effects will change with the evidence."

Excerpt from SwissQuote -- "'These examples are proof that even the biggest companies are not protected from the ire of the govern-ment,' said Irving Schenkler, manage-ment communication expert at the New York University Stern School of Business. 'These companies are in a minefield, because if they concede to the demands of an authoritarian government, they could damage their reputation in democratic countries.'"
 

Excerpt from The Atlantic -- "Solar-panel adoption, for example, is particularly contagious. After controlling for a variety of other potentially important causal factors, one study found contagion’s power in this domain to be substantial: Each new installation in a neighborhood can, over time, lead to several additional ones."

Excerpt from The New York Times -- "But in the last week, the rosy outlook that corporate profits would keep growing has been replaced by panic, said Richard Sylla, professor emeritus at New York University’s Stern School of Business, who has studied stock market shocks through history. 'There was complacency about the growth in stocks, and the virus was the trigger for a sell-off,' he said."

Excerpt from The Atlantic -- "Sylla’s view of all this as a financial historian is pretty zen. 'I wouldn’t pay much attention to the day-to-day reports of the newspapers—‘Here’s a good sign,’ ‘Here’s a bad sign,’ he said. In the short run, the stock market isn’t necessarily a good predictor of how bad the pandemic will get, in part because investors are working off the same scant information as everyone else. 'What I would say history shows you is that a problem like this takes many months and maybe even a couple of years to play itself out,' he said. But, he went on, 'Wall Street’s idea of history is the last 10 minutes.'”

Excerpt from The Economist -- "But these schemes do not always have the desired effects. Intellectual-property protections make it more difficult for others to make their own contributions by building on prior work. Barbara Biasi of Yale University and Petra Moser of New York University studied the effects of an American wartime policy that allowed domestic publishers to freely print copies of German-owned science books."

Excerpt from The Daily Reckoning Australia -- "I also spoke to Professor Rosa Abrantes-Metz at the New York University Stern School of Business. She is the leading expert on globe price manipulation. She has actually testified in gold manipulation cases. She wrote a report reaching the same conclusions. It’s not just an opinion, it’s not just a deep, dark conspiracy theory."
 

Excerpt from The Hollywood Reporter -- "'It doesn't need to be true,' added Erdem, 'Many brands are sensitive to this issue. A company like PBS is especially vulnerable to allegations because it is in the public eye.'"

Excerpt from AdvisorNews -- "The news correspondents obtained a quote from the research from New York University (NYU), 'We document this novel and intriguing investment market, with a discussion of size, strategies, and performance. We also present new empirical results on pre- and post default experience, leveraging our unique databases on bond and loan prices and our indexes of performance of defaulted bonds and bank loans.'"

Excerpt from Retail Dive -- "The attitude is likely to become more entrenched, according to Thomai Serdari, a professor of luxury marketing and branding at New York University's Stern School of Business. 'Younger consumers have strong opinions about retailers and how committed each one of them is to making fashion a sustainable industry.'"

Excerpt from InvesterPlace -- "In December, Scott Galloway, a marketing professor at New York University’s Stern School of Business posted an interesting proposition. Galloway wrote about the difficulties being experienced by FedEx (NYSE:FDX) and its poor performance as Amazon (NASDAQ:AMZN) increasingly eats its lunch in the e-commerce delivery business."

Excerpt from Lexology -- "'To address these challenges, CEOs are recognizing that they need to incorporate broader principles of sustainability in their everyday business decisions. This is not simply a matter of doing the right thing, it’s smart business.' (Professor Michael Posner, NYU Stern School of Business (2014), see World Economic Forum: Why it pays for businesses to boost sustainability)."