Faculty News

Nobel Laureate Prof. Michael Spence on the speed of global economic growth

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Excerpt from The Australian -- "(Developing) economies are now the main engine of global growth. The advanced economies face slow growth, high unemployment, fiscal distress and a lengthy period of unwinding high levels of debt."
Faculty News

Prof. Nouriel Roubini's participation in the World Economic Forum at Davos is highlighted

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Excerpt from The Guardian -- "R is for Roubini Back in 2007, Nouriel Roubini was one of the few economists to see the global crash coming. Dr Doom, as he has come to be known will set the tone on Wednesday in a session called The Seeds of Dystopia. Not one for the faint-hearted." Additional coverage appeared in Bloomberg and Financial Times.
Faculty News

Prof. Jonathan Haidt on the divide between US liberals and conservatives

Toronto Star logo
Excerpt from Toronto Star -- “Liberals think if you’re opposed to having the government protect people you want to leave individuals on their own. But conservatives favour a minimal role for government in mid-level institutions. Government needs to be the referee, but it shouldn’t be a partner in your economic affairs.”
Faculty News

Prof. Edward Altman on Carl Icahn's practice of distressed investing

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Excerpt from The Wall Street Journal -- " ... the field has expanded in the world of distressed investing ... but Icahn has practiced it longer and more successfully than most."
Faculty News

Prof. Robert Salomon on Kodak filing for bankruptcy

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Excerpt from Xinhua -- "As film began its path to obsolescence, Kodak missed the opportunity on several occasions to jump into the digital world. It first underestimated the impact that digital would have on its business and then it ignored what it might mean for its business."
Faculty News

An interview with Prof. Nouriel Roubini on his economic outlook

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Excerpt from The Globe and Mail -- "Without economic growth, the debt is not sustainable. It becomes a vicious circle. Markets force you into austerity, which makes the recession worse, which deepens the fiscal deficit, requiring more austerity."
Faculty News

Prof. Robert Gordon on Mitt Romney's potential tax benefit from carried interest

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Excerpt from The Wall Street Journal blog -- “It’s hard to say with certainty. But if he is or was a general partner in deals, it’s safe to say he has benefitted from carried interest."
Faculty News

Prof. Robert Salomon on Kodak's recent bankruptcy filing

CNC World logo
Excerpt from CNC World -- "Unfortunately, when the digital revolution occurred, film became something that increasingly became obsolete. And as film began its path to obsolescence, Kodak missed the opportunity on several occasions to jump into the digital world."
Faculty News

Prof. Nouriel Roubini predicts China's economy will slow in 2012

Excerpt from Bloomberg -- “It’s going to be a significant growth slowdown this year. Housing is deflating. Export growth is slowing down." Additional coverage appeared in Bloomberg Businessweek, Forbes, Taipei Times, Financial Post and another Bloomberg piece.
Faculty News

Prof. Sinan Aral is featured for his research on product contagion

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Excerpt from MIT Sloan Management Review -- "Although active-personalized viral messages are more effective in encouraging adoption per message and are correlated with more user engagement and sustained product use, passive-broadcast messaging is used more often, generating more total peer adoption in the network."
Faculty News

Prof. Nouriel Roubini says the global financial markets will remain volatile

Excerpt from Bloomberg -- “If you think about all these tail risks about the global economy, the reality is many of them are not temporary. Many of them are not transitory and many of them are not random events. They’re going to be sources of volatility.”
Faculty News

Prof. Ralph Gomory's warning that US competitiveness is declining is cited

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Excerpt from Foreign Policy -- " ... former Intel chief Andy Grove, former HP CEO John Young, Dow Chemical CEO Andrew LIveris, former IBM Chief Scientist and Sloan Foundation President Ralph Gomory, Harvard Economist Dani Rodrik, and author Pat Choate have warned of declining U.S. competitiveness and its devastating economic and security implications."
Faculty News

Prof. Edward Altman's new Z-Score smartphone App is featured

Excerpt from Finance Professionals' Post -- "This smartphone App provides the client with timely assessments of the credit risk and probability of default of companies on a global basis based on the famed and well tested Altman Z-Score family of models." Additional coverage appeared in Business Insider.
Faculty News

Prof. Edward Altman's new Z-Score app for smartphones is featured

Business Insider logo
Excerpt from Business Insider -- "According to 'The Financial Professional's Post,' Professor Altman and Business Compass LLC teamed up to develop a smartphone app so that credit analysts can carry the power of the Altman Z-Score in the palm of their hands."
Faculty News

An op-ed by Prof. Amity Shlaes on the Fed's involvement with the US housing market

Excerpt from Bloomberg -- "The Fed needs to get out of the housing business, and indeed, the rest of day-to-day commerce. And it needs to spend more energy on building the trust that Sapienza tries to quantify."
Faculty News

Prof. Anindya Ghose is featured as the FT Lexicon Professor of the Week

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Excerpt from Financial Times -- "The five terms defined by Anindya Ghose on FT Lexicon this week are: digital marketing; user-generated content (UGC); mobile internet; sponsored search advertising; and crowdfunding."
Faculty News

Prof. David Poltrack on entertainment content and the digital cloud

Excerpt from Home Media Magazine -- “It’s always been a question of access. Now we have universal access, and consumers love the concept.” Additional coverage appeared on Fora.tv, GigaOm.com and PaleyCenter.org.
Faculty News

Prof. Nouriel Roubini on the outlook for Canada's economy

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Excerpt from The Huffington Post -- “The resource orientation of Canada is one the sources of its strength. While there may be a slowdown in China, the forces that lead to demand for commodities being high and rising -- urbanization, industrialization, population growth, per capita income growth in emerging markets -- I don’t think they’re going to change even if there are some bumps down the road.” Additional coverage appeared in Bloomberg.
Faculty News

Prof. Nouriel Roubini on US job growth

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Excerpt from The Wall Street Journal blog -- “US job growth is still too mediocre to make a dent in the overall unemployment rate and on labor income." Additional coverage appeared in The Daily Beast.
Faculty News

Nobel Laureate Prof. Thomas Sargent compares the euro zone crisis to US debt in the 1790s

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Excerpt from Business Insider -- "Economists—notably Nobel Laureate Thomas Sargent—and the news media have drawn comparisons between the troubled eurozone today and the United States assuming states' debts in the 1790s."
Faculty News

An op-ed by Prof. Evan Shapiro on the Las Vegas Consumer Electronic Show

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Excerpt from The Huffington Post -- "Even though TV executives don't necessarily work in technology, nothing at the moment affects their lives and jobs more than the connected electronics through which their content is seen."
Faculty News

An interview with Prof. Scott Galloway on the US anti-piracy legislation

Excerpt from Bloomberg TV -- "A lot of people think if you read this legislation verbatim you could effectively put Tumblr, Twitter and YouTube under not only serious economic strain, but put almost every major sharing site out of business." Additional coverage appeared in The Washington Post.
Faculty News

Prof. Nouriel Roubini is cited for his support of shared appreciation mortgage (SAM) modifications

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Excerpt from CNNMoney -- "Roubini, who cites Goodman's work in his own, recently co-wrote a report suggesting that SAMS could help 'unclog the real estate and financial arteries and restore healthy circulation.'"
Faculty News

Prof. Paul Romer on the impact of ideas

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Excerpt from Forbes -- "[Romer] points out that millions of little discoveries ... combined with some very big ones, have exponentially improved the quality of life over the past century."

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