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  • Morgan Stanley Ideas Podcast logo 192 x 144
    Excerpt from the Morgan Stanley Ideas Podcast -- "The most important guideline for achieving inclusive growth is simply to make it an important objective. I think that the more a country decides that they want its growth to be broad-based, that they want it to measure inequality and changes in inequality as a success metric rather than simply measuring the totals, the more likely it is the country will achieve that. I think a mindset where you realize that business can be a really critical agent of social change and that progress in economy is often driven by business and so the costing of business as the force of change as opposed to the accumulator of capital is also an important part of shaping the dialogue."
  • mic logo 192 x 144
    Excerpt from Mic -- "'Increasingly citizens are holding businesses accountable,' added Tensie Whelan, a professor of business and society at the New York University Stern School of Business. 'It isn’t really an option to say nothing, you have to stand up and be counted.'"
  • CGTN logo 192 x 144
    Excerpt from CGTN -- "'I think that we need to look beyond the rent-a-car from a station model and towards the peer-to-peer models. So if you take the analogy of the United States, look beyond the Car2go model or the Drive Now model and towards the models of Getaround and Turo, where an individual can rent a car from another individual rather than picking it up off a station on the street.'"
  • new york times logo feature
    Excerpt from The New York Times -- "'The risk calculus has changed dramatically,' said Scott Galloway, a professor at New York University Business School, who sits on several corporate boards. 'Yes, you may risk a tweet from Trump. But his tweets are increasingly flaccid.'"
  • nbc news online logo
    Excerpt from NBC News -- "So while there are disagreements, 'Usually it's over business issues,' said Richard Sylla, a professor of economics at the New York University Stern School of Business. But here, 'the business leaders are taking a moral stance on fundamental American issues.'"
  • nasdaq logo feature
    Excerpt from NASDAQ -- "Despite the bullish Tesla takes on Monday, a New York University finance professor said on Friday that he thinks one of the company's recent moves is very strange. Aswath Damodaran, who is regarded as a company valuation expert said he doesn't understand why a company that is losing cash, like Tesla, chose to raise its debt total and not sell stock."
  • wired logo feature
    Excerpt from WIRED -- "'People feel very strongly that when they take photos it’s taking them out of the moment,' says Alixandra Barasch, a researcher at NYU who studies the effects of taking photos. 'Yet after years of running studies, we kept on finding over and over again that there were all of these positive aspects of photo-taking, as well.'"
  • financial times logo feature
    Excerpt from the Financial Times -- "European safe bonds were first proposed by a group of European economists in 2011. In May this year a European Commission paper advocated the creation of a market for the debt, which could generate bonds with varying levels of risk."
  • metromba logo
    Excerpt from MetroMBA -- "In a study entitled, 'Forgetting to Remember Our Experiences: People Overestimate How Much They Will Retrospect About Personal Events,” Mevvis and Tully investigated “how people’s expectations of how often they would recall an experience compared to how often they actually did recall it.' ... Barasch and her co-authors Kristin Diehl, Jackie Silverman, and Gal Zauberman, conducted an experiment framed around participants use of cameras. Their work, similar to Meyvis and Tully, found that those who did not take photos had 'more enhanced visual memory' than those that did take photos."
  • nbc news online logo
    Excerpt from NBC News -- "'I think a lot of people do believe this is just huffing and puffing — and when push comes to shove, there’s not going to be any pushing,' Lawrence White, professor of economics at New York University's Stern School of Business, told NBC News."
  • financial times logo feature
    Excerpt from the Financial Times -- "We are effectively entering an era where I call 'the death of the advertising industrial complex.' I think advertising has become a tax that the poor and the digitally illiterate pay. If you're wealthy you get to opt out of advertising and brands are still depending on it."
  • Fund Strategy logo 192 x 144
    Excerpt from Fund Strategy -- "The average country reclassified to a more-benchmarked index gains 23.2 per cent between the announcement and the reshuffle, but loses 12.4 per cent in the year that follows its inclusion in the new index, research out of NYU’s Stern School of Business, Chapman University and Acadian Asset Management shows."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "'It puts the company in limbo and prevents them from moving forward,' said Arun Sundararajan, a New York University professor and author of The Sharing Economy. 'This kind of fight is going to hurt Uber significantly in the short term.'"
  • us news and world report logo feature
    Excerpt from US News & World Report -- "Change management courses help MBA students understand the psychology of change, including both the motivation of a company's visionaries and the resistance of people who are frightened of a company's transformation, says Anat Lechner, clinical associate professor of management and organizations with New York University's Stern School of Business."
  • – Faculty News

    Professor Lawrence White shares his views on Bitcoin

    August 10, 2017
    yahoo finance logo feature
    Excerpt from Yahoo Finance -- "For Bitcoin to gain traction, it has to achieve at least a semblance of steady value. 'We are reluctant to transact in something where the day-to-day value for our transactions’ purposes could vary substantially,' White said."
  • luxury daily logo feature
    Excerpt from Luxury Daily -- "'[From a school perspective,] partners keep us relevant,’ said Kim Corfman, professor of marketing and academic director of the Fashion & Luxury one-year MBA at NYU Stern School of Business, New York. 'They ensure that we are educating students to solve problems that matter and that the solutions they create are of value. At a more practical level, partners provide us with live cases and projects to which students can apply what they have learned.' ... 'Luxury brands need people who understand both the retail environment and the challenges a business faces in the industry,' said Thomaï Serdari, founder of PIQLuxury, co-editor of Luxury: History Culture Consumption and adjunct professor of luxury marketing at New York University, New York."
  • economist logo feature
    Excerpt from The Economist -- "The equity-risk premium, or the annual excess return that investors demand to hold shares rather than bonds, is 5.03 points, against a pre-crisis average of 3.45 points, notes Aswath Damodaran of the Stern School of Business at NYU."
  • atlantic logo feature
    Excerpt from The Atlantic -- "Between 1990 and 2008, 98 percent of new jobs came from so-called 'nontradable' industries that aren't sensitive to international trade, according to the economist Michael Spence."
  • business insider logo feature
    Excerpt from Business Insider -- "According to Anindya Ghose, a professor at NYU's Stern School of Business, the e-commerce giant could be the first company to break through the $1 trillion barrier for market capitalization. The company is currently worth about $476.07 billion, which means it would need a 110.1% increase in its stock price to reach that level. But Ghose thinks Amazon's rise will come at the expense of lots of retail jobs. 'In many ways, it might actually be a blessing in disguise because it's also simultaneously going to cost lots of jobs in the economy,' Ghose told Business Insider."
  • logo 192 x 144
    Excerpt from -- "Vasant Dhar: 'I worry that this time might in fact be different because we haven’t had intelligent machines in the past that we could trust with making decisions. That was in the domain of human beings. Machines assisted us. They helped us. But it’s different this time. And it’s going to be very challenging.' ... Arun Sundararajan: '…digital technology is changing how we organize work. It’s taking us from fulltime employment, which was the predominant way of earning a living in the 20th century, toward a wide variety of non-employment work arrangements.'"
  • financial times logo feature
    Excerpt from the Financial Times -- "As Stephen Cecchetti and Kermit Schoenholtz nicely show, BNP’s halting of redemptions was followed by an immediate tightening of lending between financial institutions. Below is their graph of the Libor-OIS spread, which measures the difference between the rate at which big banks reported to be lending to one another over a measure of the safest market interest rate."
  • BYU Radio logo 192 x 144
    Excerpt from BYU Radio -- "What my research points out is there is a crucial distinction between those two types of buyers: those who rent out their places - the apartment still remains available for the locals to live in, whereas those who leave their places vacant, in some sense, are literally reducing the supply of available real estate for the local residents."
  • new york times logo feature
    Excerpt from The New York Times -- "Scott Galloway, a professor of marketing at New York University’s Stern School of Business, said Mr. Damore’s comments carried additional weight to people on either side of the political spectrum because he was an engineer at Google, one of the world’s biggest technology companies. Alongside other giants such as Facebook, Amazon and Apple, these companies 'are seen as pillars of our society,' Mr. Galloway said. 'Controversy and statements that emanate from these employees take on a different heft.'"
  • sydney morning herald logo feature
    Excerpt from the Sydney Morning Herald -- "It turns out that if the technology settings are right, we are far more likely to trust a stranger than their own colleagues or neighbours. Weird, huh? The findings are from a study co-authored by assistant professor Mareike Möhlmann at Warwick University, professor Arun Sundararajan at New York University, and two executives from BlaBlaCar, a ride-sharing platform that connects drivers and riders mainly for city-to-city travel. It's hitchhiking for the 21st century."
  • new york magazine
    Excerpt from New York Magazine -- "In a study published in June in the journal Psychological Science, researchers recruited 294 participants to tour a museum exhibit of Etruscan artifacts while listening to an audio guide. Half of the participants were given cameras and told to take at least ten photos. At the end of the tour, all participants asked to answer a series of multiple-choice questions about the objects they had seen. Those who took photos, the researchers found, recognized almost 7 percent more objects than those who didn’t."


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:

Rika Nazem, Executive Director
(212) 998-0678;

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

Carolyn Ritter, Director
(212) 998-0624;

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