Faculty News

Professor Scott Galloway's point of view on Tesla CEO Elon Musk's recent tweets is featured

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Excerpt from Business Insider -- "'My mind is blow [sic] over Elon tweet today. I think the Thomas Edison of our age has come off rails. "Funding Secured" means he has the money lined up or he's guilty of market manipulation. His animus toward short-sellers have gotten the better of him,' [Galloway] said."
Faculty News

Professor Theresa Kuchler's and Johannes Stroebel's joint research on tsocial “connectedness” of Americans, as measured through friendship links on Facebook, is featured

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Excerpt from The Economist -- "Using aggregated and anonymised data, the authors find that Americans with tightly clustered social networks comprised mainly of friends located within a short distance of their home tend to have lower incomes, lower levels of education and lower life expectancies. Those with more geographically dispersed social networks tend to be richer, more educated and healthier."
Faculty News

Professor Nicholas Economides predicts that Facebook will be subject to regulation in connection with its users' data and privacy

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Excerpt from TheStreet.com -- "'The default setting for Facebook data sharing should be to opt out, not in,' [Economides] said. "Regulation could impose this and Facebook would then have to induce users to opt in to this program to have data shared.'"
Faculty News

Professor Thomas Pugel discusses the effect Trump’s trade war may have on brands’ marketing strategies and budgets

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Excerpt from AdExchanger -- “'We still don’t know how all of this is going to play out,' said Thomas Pugel, a professor of economics and global business at NYU’s Stern School of Business. 'One of the main challenges here is uncertainty, a shift toward caution and some amount of risk aversion.'"
Faculty News

Professors Robert Salomon and Jay Rubin are highlighted as favorite faculty by Poets & Quants 2018 Best & Brightest Business Majors Michelle Enkerlin (BS '18) and Shobhit Jain (BS '18)

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Excerpt from Poets & Quants -- "[Professor Robert Salomon] created a curiosity and 'empathy' that resonated throughout the semester, says Michelle Enkerlin. ... 'Professor Rubin embodies the rich wisdom and nurturing spirit that is intrinsic of Stern professors, and he is someone who made me feel prepared and confident to embark on my journey through business school.' - Shobhit Jain."
Faculty News

Professor Richard Levich is quoted in a feature story on the costs associated with converting currency

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Excerpt from The Wall Street Journal -- "'Most Americans have limited familiarity with how foreign-exchange markets work,' says Richard Levich, professor of finance and international business at New York University’s Stern School of Business."
Faculty News

Professor Arun Sundararajan is featured in an opinion column on trust in the sharing economy, explaining how these digital platforms have become an integral part of the geopolitical landscape

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Excerpt from The New York Times -- “'These platforms are an integral part of the geopolitical landscape, because in some ways and for a different set of reasons their power is approaching the power historically held by nation states,' Arun Sundararajan, a professor at New York University’s Stern School of Business and author of 'The Sharing Economy,' said."
Faculty News

Professor Michael Posner is quoted about election meddling on Facebook; recent research by the Center for Business and Human Rights about Russian influence on U.S. elections is referenced

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Excerpt from The New York Times -- "'This is not a one-time event limited to the 2016 election,' said Michael Posner, the director of the Center for Business and Human Rights at New York University’s Stern School of Business, which recently published a report about Russian influence campaigns. 'It’s a daily drumbeat. These are entities trying to disrupt our democratic process by pushing various forms of disinformation into the system.'"
Faculty News

As a guest co-host, Professor Kim Schoenholtz discusses monetary policy on “Bloomberg Surveillance”

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Excerpt from Bloomberg -- "...Central Banks have been given the mandate to maintain price stability and The Bank of Japan is doing its best to try and achieve the stated numerical goal of two percent inflation. They haven't gotten there yet, they can't declare that they have accomplished the mission and for that reason they're maintaining the very aggressive, ultra accommodative posture that they implemented years ago."
Faculty News

As a featured guest, Professor Kim Schoenholtz explains why central banks must communicate and discusses the importance of transparency

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Excerpt from Bloomberg -- "I think the transparency is a big plus. Think of it this way, by being transparent they condition us to anticipate their behavior. We know the things that drive them, whether it's strong growth or rising inflation, we know what changes their policy, we know that when they're running a very accommodating policy, they are going to be uncomfortable with it if the economy is already doing well, they are going to want to get back to something like normal. Because we know that, we can anticipate it and it shows up in market prices long before they act."
Faculty News

Professor Alixandra Barasch’s advice on how to stay connected on social media without detracting from your vacation is featured as the “Tip of the Week”

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Excerpt from The New York Times -- "'Keep your social media habits contained to your desktop computer,' Dr. Barasch suggested. Delete apps like Facebook and Instagram from your phone, and share your photos when you get home."
 
Faculty News

Insights from Professor Adam Alter's book, "Irresistible" are featured

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Excerpt from Inc. -- "According to Adam Alter, associate professor of marketing at New York University and author of the recent book Irresistible, more screen time tends to make people less happy and healthy. In fact, a recent study found that people who use multiple social media platforms have three times the risk of depression and anxiety."
 
Faculty News

Professor Nicholas Economides' joint research on mobile money in Tanzania is highlighted

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Excerpt from The Citizen -- "A paper titled, 'Mobile Money in Tanzania' by Nicholas Economides and Przemyslaw Jeziorski published on July 29, 2016, notes that 'in developing countries, mobile telecom networks have emerged as major providers of financial services, bypassing the sparse retail networks of traditional banks.'”
Faculty News

Professor Tülin Erdem discusses challenges that companies face when trying to become a "lifestyle brand"

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Excerpt from The New York Times -- “'Just being a functional brand is not enough anymore — it’s very tough to differentiate yourself as a brand in the clutter we have out there,' said Tülin Erdem, a professor of marketing at New York University’s Stern School of Business."
Faculty News

Mastercard CEO Ajay Banga's "New India Lecture," moderated by Professor Praveen Nayyar at the Indian Consulate in New York, is highlighted

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Excerpt from News India Times -- "The talk was moderated by New York University’s Stern Business School’s Professor of Strategy Praveen Nayyar, who like Banga, is an alum of IIM Ahmedabad."
Faculty News

Professor Tom Meyvis comments on voluntary recalls by popular snack brands

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Excerpt from NBC Philadelphia -- "Companies that issue voluntary recalls before anyone gets sick will likely be viewed by customers in a positive light, said Tom Meyvis, an NYU marketing professor who studies consumer behavior. 'There’s an advantage to [the recall being connected] to one supplier,' Meyvis said."
Faculty News

Professor Vasant Dhar is quoted in a feature story explaining why banks tend not to be the innovators in financial technology

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Excerpt from Bankrate -- "'Banks are in a hard place because they tend not to be the innovators in financial technology, they’re just not set up to do that,' Dhar says. 'They’re basically doing what they absolutely need to do, and a lot of their budgets get taken up just by that.'"
Faculty News

Professor Arun Sundararajan explains New York City's proposed legislation to limit ride-hailing vehicles and its potential impact on the industry

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Excerpt from The New York Times -- "Uber, which arrived in New York in 2011, has been known for its aggressive tactics and for pushing boundaries. But Mr. Sundararajan said the idea of rolling out another “de Blasio view” feature would undermine the company’s attempt to show that it had grown up. 'I don’t think that kind of response would be consistent with Uber’s attempt to remake its image and project the image of a more mature company,' he said."
Faculty News

Professor Scott Galloway explains Facebook's monetization strategy

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Excerpt from CNBC -- "...It's a supernova business model and I don't see it slowing down. And by the way, I am not a fan of Facebook. I think this was punishment for a series of half-measures and weak leadership about some of the very real issues they faced and the market had some pent up fury that they unleashed last night on Facebook."
Faculty News

Professor Aswath Damodaran is interviewed about Amazon's valuation

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Excerpt from CNBC -- "'You find it overvalued but you cannot bet against it because this is a disruption machine,' [Damodaran] said. 'I'm not even sure what business the company is in anymore. It's a platform that can be used pretty much to disrupt any business. And that's what's being priced in.'"
Faculty News

In an op-ed, Professor Michelle Greenwald explains how Amazon is cross-selling its Prime membership at Whole Foods

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Excerpt from Forbes -- "Visit a Whole Foods or the newer 365 Store, the chain’s answer to Trader Joe’s, and you will be inundated with messaging to join Amazon Prime. If you still haven’t joined Prime and shop at either chain, you will wish you did. The offers and messaging abound and are tantalizing. From the minute, you walk in the door, to the minute you sit down for a coffee or bite to eat, to your chat with the smiling produce guy who has 'Prime - Something to Smile About' emblazoned on his T-shirt, you can’t miss solicitations to join, whichever way you turn."
Faculty News

In an in-depth profile, Professor Amy Webb discusses her career path and work style

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Excerpt from LifeHacker -- "I found that dividing the day into hours didn’t allow me to get everything done—I’d either set my expectations way too low or too high. The hour convention works well for groups who need to tell time, but I don’t think it works as well for productivity. For example, I learned that if I have 40 minutes rather than an hour to complete a task, I’m likely to focus and work harder."
Faculty News

Professor Adam Alter shares insights on how the regulation of tech companies might evolve

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Excerpt from Business Insider -- "There's a lot we can do as individual consumers, but also I think the major solutions should reside with the companies that push us to use email for example, and with governments which have a power to intervene to some extent. Different countries are much more tuned in to this than others."
Faculty News

Professor Richard Sylla's co-authored book, "Alexander Hamilton on Finance, Credit, and Debt," is reviewed

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Excerpt from The Washington Times -- "Mr. Sylla and Mr. Cowen have put together a fascinating examination of Hamiltonian economics. While his financial vision would be imperfect to some, his desire to 'have more banks, securities markets, and corporations' in post-Colonial America would be favored by all."

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