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Excerpt from Reuters -- "'I think that's part of why people are finding Bitcoin attractive, that it's really the first widespread, completely anonymous, form of digital currency,' says Arun Sundararajan, a professor at New York University."
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Excerpt from Bloomberg -- "New York University economist Nouriel Roubini, known as Dr. Doom, said April 24 that the Federal Reserve will end its zero-rates policy in two years."
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Excerpt from the Washington Post -- “'I think Routehappy can help change the airline industry,' says Morwitz, an expert on consumer behavior and marketing and a happy Aeroflot customer. 'Ultimately, this can be better for the airlines themselves, as they can differentiate themselves instead of being viewed as interchangeable commodities.'”
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Excerpt from The Sun -- "Author Adam Alter looked at recent studies for his book Drunk Tank Pink and found that men are more likely to find a woman attractive – and ask her on a date – if she is decked out in red."
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Excerpt from Prospect Magazine -- "After more than 10,000 votes from over 100 countries, the results of Prospect’s world thinkers 2013 poll are in."
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– Faculty News
Dean Peter Henry explains how first world countries can learn from emerging markets
April 23, 2013
Excerpt from Marketplace -- "'This is a turnaround, today it's the first world that is thinking short-term," Henry says. "The key question is, do we have the humility to look beyond at our shores and to look at emerging economies, take those lessons back home, and start living up to our potential?'"
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Excerpt from Bloomberg TV -- "Being in a market is like being in a relationship with someone who's bipolar. You could be doing nothing wrong or nothing right and we are definitely on the latter half of that. Anything is seen as an indicator of Apple's demise, but look at the company. You basically have the best brand in the world now trading at multiples that are cheaper than Dell. So as negative as you might be about Apple's prospects, are they worse than Dell's right now? You can buy this company at about four and a half times EBITDA, best brand in the world..."
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– Faculty News
Dean Peter Henry dicusses the impact of the Eurozone on the global economy
April 22, 2013
Excerpt from Bloomberg TV -- "We live in an interconnected world and the Eurozone is the largest economic block in the world. So with a, frankly a misplaced focus on austerity, people have made the mistake of thinking that discipline means fiscal austerity. It doesn't. Discipline means doing what you need to do to advance the economy and the focus on growth, I think the renewed focus on growth and moving in that direction is welcome."
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Excerpt from CNBC -- "'I always say if you want to study disruptive thinking … it's best to study the work of professional comedians,' said Luke Williams, professor of innovation at New York University's Leonard N. Stern School of Business. 'They're master disruptors. Their whole job is to determine what an audience is thinking and break those expectations. And that break in expectation is where humor comes from. As soon as you hear the punch line, it's obvious in hindsight. … But a comedian doesn't stop with one joke. They have to do them again and again. [Businesses] can't just disrupt the market once and sit back and go, "Everyone's going to use our business model for the next decade."'"
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– Faculty News
Dean Henry outlines the economic lessons we can learn from the developing world
April 22, 2013
Excerpt from Newsweek -- "In decades past, First World countries have lectured the rest of the world about how to stabilize and grow their economies. Today, in a startling turnaround, the developed world buckles under high debt and slow growth, while countries such as South Korea, India, Chile, Mexico, and even tiny Barbados provide vital lessons for recovery."
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Excerpt from Forbes -- "This means that brand names that are short and easy to pronounce will have a built-in advantage over brands with long, difficult names. Indeed, in his new book Drunk Tank Pink, Princeton psychologist Adam Alter describes his research project that showed companies with fluent names generated higher returns in the stock market in short-term trading."
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– Faculty News
Dean Peter Henry discusses lessons from emerging markets, from his book, "Turnaround"
April 22, 2013
Excerpt from the Council on Foreign Relations -- "The reason why I called the book 'Turnaround: Third World Lessons for First World Growth' is because if we take kind of a unifying message across...the last three decades, going back to roughly the late 1970s until now, how is it that countries that were formally called third world countries...became emerging markets? And I think the central point to take away is they did that through what I would call discipline."
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Excerpt from Bloomberg TV -- "I'm quite concerned about the US economy. Certainly, people underestimated how much the increase in taxes, payroll and income and now the sequester would affect the economy. My view was the debt would imply a fiscal drag of at least 1.6-1.7% this year and therefore the economy this year is not going to grow much more than 1.6% given the significant fiscal drag."
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