Experience Stern | News & Events

Excerpt from Bloomberg -- "Europe may need $2 trillion in its rescue fund to fight the debt crisis, more than the 940 billion euros ($1.3 trillion) that governments are said to be seeking, said Michael Spence, the Nobel Prize-winning economist." Additional coverage appeared in Bloomberg Businessweek.

Excerpt from TheDeal.com -- "'He knew more about finance than anyone at that time,' says New York University business professor Richard Sylla about Alexander Hamilton, the first secretary of the U.S. Treasury."

Excerpt from WIRED -- "'It’s a great example of the increasingly sturdy bridge between biology and political science,' said Jonathan Haidt, a New York University psychologist who studies the relationship between disgust and morality."

Excerpt from The Huffington Post -- "Without new development, without new jobs, without growth, the Greek economy will keep going down." Additional coverage appeared in Skal.

Excerpt from CNBC -- "It is crucial, though, to keep expanding your network, and not settle into complacency once you’ve found a group of people with whom you’re comfortable."

Excerpt from Knowledge@Wharton -- “The problems of the financial system on Wall Street have not been resolved. People talk about Dodd-Frank, but have we really changed the system of compensation? Have we dealt with the corporate governance problem? Have we divided commercial banking and the more risky shadow banking and investment banking? No."  Additional coverage appeared in The Huffington Post.

Excerpt from OSU's The Lantern -- "People of a higher status were more likely to be trusted on a first encounter than those of lower status."

Excerpt from Reason -- "In my visit to Zuccotti Park, it was clear that the main moral foundation of OWS is fairness, followed by care and liberty. Loyalty, authority, and sanctity, by contrast, are very little in evidence."  Additional coverage appeared on ThinkProgress.org, Business Insider and Falken Blog.

Excerpt from MMUGM Indonesian TV -- "ViBU Real Game simulates a realistic business challenge. Diverse teams from various universities and countries jump into direct competition with each other, for winning the highest firm's market values."

Excerpt from Business Standard -- "The authors – professors at the Leonard N Stern School of Business at New York University -– have laid bare the way a vital component of the US financial system got distorted and how the process was aided by the government for decades."

Excerpt from Knowledge@Wharton -- “The problems of the financial system on Wall Street have not been resolved. People talk about Dodd-Frank, but have we really changed the system of compensation? Have we dealt with the corporate governance problem? Have we divided commercial banking and the more risky shadow banking and investment banking? No. So that remains.”

Excerpt from The New York Times -- “Neither the public nor economists foresaw that the [deregulation of savings and loans was] bound to produce looting. The regulators … who understood what was happening from the beginning found lukewarm support, at best, for their cause."

Excerpt from CNBC -- "Greece probably can be bailed out in terms of affordability on the fiscal debt. but they're 40% out of bounds in terms of being able to kind of grow the economy. they have huge trade deficit with the rest of europe. it's -- and they don't have the exchange rate. so it's very hard to see how you can keep greece in the euro zone and have them have a future."

Excerpt from Bloomberg -- "No doubt about it, in many places Halloween reflects urban revival. It also reflects a cultural coming together ... There’s something unifying in the ghoulishness of the spaces between the teeth in the carved pumpkin’s grin." Additional coverage appeared in Bloomberg Businessweek and San Francisco Chronicle.

Excerpt from a MarketWatch blog -- "According to a fascinating body of research (championed in large part by Xavier Gabaix, a finance professor at New York University) plunges as big as 1987’s Black Monday—while rare—are an inherent part of the investment landscape."

Excerpt from CNBC -- " ... any company in the world that wants to build a plant in the united states will get an immediate investment tax credit against the cost of the plant, so the plant's actually tax free. you can then combine that with state and local governments incentives in one form or another to either reduce taxes further or improve education for workers, things like that."  Additional coverage appeared on MSNBC.

Excerpt from BigThink -- "While countries in North America and Europe suffer through a downturn that has people questioning the very foundations of their economies, something far more positive is happening in South America."

Excerpt from New York Daily News -- "'They bring in people who are unlikely to have gone to the area,' said Priya Raghubir, a professor of marketing at New York University."

Excerpt from Financial Times -- "If there are two things most economists can agree on they are that government policies cannot re-inflate bubbles and that the US economy has to move away from a levered, consumption-focused economy to one focused more on production and exports."  Additional coverage appeared in Financial Times.

Excerpt from Forbes -- “The Watches & Jewelry industry is running out of time online. Although these brands are beginning to invest in social media and mobile, transaction-orientation and digital marketing competence such as search, email, and retargeting lag other industries.”  Additional coverage appeared in Retail Jeweller.

Excerpt from The Economist blog -- " ... Nouriel Roubini (who has inherited the title of Doctor Doom from Henry Kaufman) ... outlined the case why he thinks there is a 60% chance of a developed world recession."

Excerpt from a Financial Times blog -- "[Roubini] said on Monday at a Helsinki seminar that China was heading for a hard landing in 2013 or 2014."  Additional coverage appeared in Forbes and three Bloomberg pieces.

Excerpt from Toronto Star -- "In a 2009 survey of who works for Mechanical Turk, New York University Professor Panos Ipeirotis found that half of the world’s Turkers live in the United States, while 40 per cent live in India."

Excerpt from Financial News -- "Jamie Dimon has been getting a lot of attention lately for his impassioned bashing of Basel III as too tight on capital terms and too loose on risk standards for European banks. Had he been more diplomatic, probably no one would have listened."

Excerpt from Project-Syndicate.org -- "Global economic-management institutions need to address whether the pace of globalization, and its implied structural change, is faster than the capacity of individuals, economies, and societies to adjust can withstand."  Additional coverage appeared in The Daily News Egypt, Delaware Online, Bloomberg, Bloomberg Businessweek, Nation of Change, China Daily, Business Insider and European Voice, among other outlets.