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  • washington post logo feature
    Excerpt from The Washington Post -- "While noodling through the case of the missing conservative critics, I sometimes think of sociologist Jonathan Haidt and his efforts to root out — or, at least, create awareness of — liberal bias in the social sciences. The left-right imbalance in the academy is nothing short of eye-popping."
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    Excerpt from Bloomberg -- "'There are people who just don’t want to hear about the possibility that they didn’t do it all themselves,' Frank says. Mild-mannered and self-effacing, he isn’t about to tell the rich 'you didn’t build that,' as Obama did (and likely regretted). Frank’s new book, Success and Luck: Good Fortune and the Myth of Meritocracy, is a study in diplomacy. Combining memoir with academic research, it’s an earnest argument that all of us—even the rich—would be better off recognizing how luck can lead to success."
  • time magazine logo feature
    Excerpt from TIME -- "I called Arun Sundararajan, an NYU business-school professor and the author of new book The Sharing Economy. 'A near perfect rating means you were consistently pleasant, civil, conversational, polite to the wide range of individuals who gave you your Uber rides,' he said, 'even when you were busy, distracted, late or stressed.'"
  • institutional investor logo feature
    Excerpt from Institutional Investor -- "Romer is nt of the more original and wide-ranging thinkers in economics today. He came to prominence in the 1980s as a proponent of so-called Endogenous Growth Theory, which holds that economic progress depends not just on capital and labor but on the ideas and knowledge that drive technological change."
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    NYU Stern welcomes new faculty for the 2016-2017 academic year.
  • el economista logo 192 x 144
    Excerpt from El Economista -- "In Spain, Professor Ghemawat's theory is absolutely correct, because the differences, especially legislative, existing between our regions require companies to focus their business regionally, while maintaining a national business strategy."
  • foreign policy logo feature
    Excerpt from Foreign Policy -- "These are two big reasons — over and above all the racist rhetoric, which I’ll try not to dwell on — why Mexicans fear a Trump presidency. The irony is that these same policies would threaten two of Trump’s other campaign promises: stopping undocumented migrants from entering the United States from Mexico and getting tougher on crime."
  • mic logo 192 x 144
    Excerpt from Mic -- "'Addiction always reflects an underlying psychological need that isn't met,' New York University's Adam Alter, author of the forthcoming book Irresistible: the Rise of Addictive Technology and the Business of Keeping Us Hooked, told me in an email. 'For some people, that need is social validation; for others it's confirmation that they're attractive; and for others still it might be a sense of mastery over the environment when they feel helpless or powerless.'"
  • voxeu logo feature
    Excerpt from Vox -- "'It’s tough in these rural markets, because it’s not like these rural markets were really competitive to begin with before ACA,' said Michael Dickstein, an economist at New York University who has studied insurers’ participation in the health law’s rural markets."
  • financial times logo feature
    Excerpt from the Financial Times -- "Dunning and Kruger set tests of grammar, logic and even having a sense of humour to a group of undergraduates. Then they asked them how they stacked up to others in the group. Was their grasp of logic and grammar better or worse than average? Were they better able than other students to distinguish funny from unfunny jokes?"
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Mr. Sylla tells me there are 'precious few minus signs before any rates' in his book ['The History of Interest Rates']. The only ones he can recall were on U.S. Treasury bills around 1941, just before Pearl Harbor. But 'later research showed that anomaly might be explained by an option value embedded in bills then, so the negative yields may have been an artifact.' Mr. Sylla sums it up: 'There were no negative bond yields in 5,000 years of recorded history.'"
  • atlantic logo feature
    Excerpt from The Atlantic -- "Those critics should grapple with people who believe students are best positioned to receive an excellent education when primed to consider nothing off limits; or that learning to face wrongheaded or even hurtful ideas is, beyond academic necessities, a key life skill; or that, per Greg Lukianoff and Jonathan Haidt, campuses that police speech 'engender patterns of thought that are surprisingly similar to those long identified by cognitive behavioral therapists as causes of depression and anxiety. The new protectiveness may be teaching students to think pathologically.'"
  • marketwatch logo feature
    Excerpt from MarketWatch -- "Regulation is likely to help Airbnb in the long run, as it will increase awareness of the service and likely push more people to list their homes.'As the regulatory framework gets clearer, the supply will go up and that will naturally, for some period, lower prices,' Sundararajan said. Sundararajan added that the increased supply will likely be met by increased demand, as more of the U.S. finds out about the service, meaning that it’s hard to predict the price trend over time."
  • reuters logo feature
    Excerpt from Reuters -- "Jonathan Haidt, a social psychologist at New York University’s Stern School of Business, studies how people adopt their political beliefs. 'Trump is the first candidate to speak to—and speak for—working-class white men in a long time,' Haidt says. That separates him from the last two Republican nominees. Mitt Romney, who lost in 2012, didn’t do that, 'and John McCain didn’t particularly reach out to that constituency' in 2008."
  • reuters logo feature
    Excerpt from Reuters -- "'My biggest concern, which I voiced at the start of the year and continue to worry about, is the sustainability of cash flows. Put bluntly, U.S. companies cannot keep returning cash at the rate at which they are today,' Aswath Damodaran, a professor of finance at New York University, writes in his blog."
  • financial times logo feature
    Excerpt from the Financial Times -- "The big picture is that policymakers are aware we're in an era of low inflation and low growth. And that means that the neutral real interest rate, the equilibrium real interest rate, is very low. Maybe less than 1%. And that means that when we get to the next recession, it's very likely that interest rates are going to fall back to zero again in nominal terms. And they're thinking about what kinds of policies might make sense in a world like that to make monetary policy work."
  • economist logo feature
    Excerpt from The Economist -- "Stehlik recommends a simple exercise you can do on a regular basis to clarify your own intentions toward those around you. Draw a dial spanning from empty to full, like a fuel gauge. Write down the names of all the people in your inner circle: your direct reports, spouse, friends – even your boss. Next, evaluate where each person’s gas gauge is at. Do they seem like they’re a bit depleted? Running on empty? Now ask yourself: What can I do to bring this person’s gauge to full? The best, most effective feedback comes from this genuine desire to help others."
  • bloomberg logo new
    Excerpt from Bloomberg -- "'There are two main reasons for tech companies to lose money early to make money later, and neither of them apply to Uber.' ... 'Ride sharing has grown faster, gone to more places and is used by more people than most people thought it would be able to, even a couple of years ago. The pace of growth is also picking up.'"
  • washington post logo feature
    Excerpt from The Washington Post -- "'I think central banks have to be very careful not to overreach,' said Peter Blair Henry, dean of New York University’s Stern School of Business. 'Central banks are really very limited.'"
  • financial times logo feature
    Excerpt from the Financial Times -- "We expect so much from our central bankers because monetary policies has really run, in many ways, its course. Monetary policy has been really competent and needs to continue to be competent. But it's too much to think that monetary policy can fight a liftoff in growth at this point and time. That really has to come from real side reforms that our lawmakers, both here in the United States and abroad, need to do."
  • financial times logo feature
    Excerpt from the Financial Times -- "If ValueAct gets traction, other management teams should stand ready to defend themselves, [Prof. Roy Smith] says. He adds that for too long the entire US banking sector has been 'adrift', failing to address one fundamental question. 'If you’re in a business where your cost of capital is greater than your return, someone should ask you, 'why is this a viable business?'"
  • new york times logo feature
    Excerpt from The New York Times -- "When interest rates are lower, earnings are worth more and share prices tend to rise, said Aswath Damodaran, a finance professor at New York University, who has explained this truth in elaborate formulas, many of which he posts on his website. But the simplest way of looking at it, he says, and the most important for an investor, is to consider how interest rates affect the value of a stock and a bond. 'Low rates have had a big effect on the stock market,' he said. 'Stock is much, much cheaper than bonds at today’s interest rates.'"
  • financial times logo feature
    Excerpt from the Financial Times -- "Peter Henry, the dean of New York University’s Stern School of Business, says central bankers still have the tools to provide a floor under the economy, but cannot provide a springboard for growth in the absence of action by lawmakers in areas such as immigration, trade and fiscal reform. 'Negative real rates have not yet spurred a recovery in investment. So one has to ask the question is there something else standing in the way,' the economist says."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Mr. Damodaran, who likes to be provocative, says with rates this low, traditional valuation metrics are distorted. Instead, the inability of companies to keep paying off their investors will cause the next downturn. 'This is the weakest link in this market,' Mr. Damodaran said in an interview. 'We know cash flows will go down. What we don’t know is what the market is pricing in.'"
  • new york times logo feature
    Excerpt from The New York Times -- "Peter Blair Henry, the dean of the Stern School of Business at New York University, asked a panel of central bankers whether they were doing enough to explain the limits of their own powers, to focus the public on the importance of fiscal policy."


Contact NYU Stern Public Affairs

If you're a member of the press, please contact Stern’s Office of Public Affairs at:

Phone: 212-998-0670
Fax: 212-995-4950

Or contact us directly:

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(212) 998-0678;

Janine Savarese, Executive Director
(212) 998-0202;

Carolyn Ritter, Director
(212) 998-0624;

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