-
Why Quarterly Reporting from Business Makes Sense - By Michael Posner
This morning President Trump directed the Security and Exchange Commission to explore extending financial reporting deadlines from three months to six. In a morning tweet, he said this suggestion came from top business leaders who told him that this “would allow greater flexibility & save money.” Indeed. But at a time when public confidence in all institutions, including business, is declining, this is exactly the wrong direction for government to go.
—- Biography: Professor Michael Posner
- Department: Center for Business and Human Rights
— Opinion
-
You’re Paying More in America Than You Would in Europe - By Thomas Philippon & Germán Gutiérrez
Like many foreigners visiting the United States in the late 1990s and early 2000s, we were pleasantly surprised to discover that nearly everything — from laptops to Internet to airplane tickets — was cheaper. Where we grew up, in Mexico and France, it cost at least 30 percent more to fly or connect to the Internet.
—- Biography: Professor Thomas Philippon
- Department: Finance
— Opinion
-
Who Should See 'Crazy Rich Asians' - By Dolly Chugh
Do your Facebook friends offer to buy you movie tickets? One of mine did. After seeing an early screening of the movie Crazy Rich Asians, business strategist Jodi Chao made her friends an offer. “If this movie genuinely (!) wasn’t on your radar to catch while in theaters,” she typed, “I want you to go see it before Labor Day and I’d like to cover your ticket. Capping this at the first 5 of you (because I’m not a Crazy Rich Asian … yet).” I asked Jodi why she wanted people to see the movie, opening August 15 and based on the bestselling book by Kevin Kwan. From that conversation, here is my take on who should see Crazy Rich Asians.
—- Biography: Professor Dolly Chugh
- Department: Management and Organizations
— Opinion
-
Twitter Leadership Fails the Infowars Test - By Michael Posner
This week several major Internet companies announced that they were taking down Infowars, Alex Jones’ inflammatory online platform. Notably absent from the list was Twitter. This is a case that is testing the core values of the major Internet providers and the practical applications of their community standards. And to date, Twitter is failing those tests.
—- Biography: Professor Michael Posner
- Department: Center for Business and Human Rights
— Opinion
-
Why Google Should Stay Out of China - By Michael Posner
A decade ago, a group of Internet companies, civil society organizations, academics, and investors launched the Global Network Initiative (GNI), a collaborative effort to promote free expression and protect user privacy on the Internet. Google helped lead this effort and a parallel project devoted to developing a human rights framework for the Internet. In 2010, Google further demonstrated its leadership by making a principled decision to withdraw its search-engine services from China.
—- Biography: Professor Michael Posner
- Department: Center for Business and Human Rights
— Opinion
-
How to Even Out the Pains and Gains from International Trade - By Michael Waugh
Exposure to trade creates winners and losers. We ask the question: How can society mitigate the losses, yet preserve the gains from trade? We argue that a progressive tax system performs that role and the optimal level of progressivity should increase with increased exposure to trade.
—- Biography: Professor Michael Waugh
- Department: Economics
— Opinion
-
Redistributing the Gains From Trade Through Progressive Taxation - By Michael Waugh
In “Redistributing the Gains from Trade through Progressive Taxation,” a working paper published by the National Bureau of Economic Research in June 2018, the authors observe that while trade is a net positive for the vast majority of the population, who enjoy the increased choice and lower prices it brings, it negatively affects certain workers, for example those in manufacturing, steel, and medium-skill services.
—- Biography: Professor Michael Waugh
- Department: Economics
— Research Highlights
-
The Fight Against Russian Disinformation - By Michael Posner
In 1822, James Madison wrote that “a popular government without popular information or the means of acquiring it is but a prologue to a farce or tragedy or perhaps both.” Operating in a much simpler world, Madison and the other architects of American democracy did a brilliant job in developing a constitutional model that guarantees a free press and supports accountable government-essential elements to the provision of “popular information.”
—- Biography: Professor Michael Posner
- Department: Center for Business and Human Rights
— Opinion
-
Combating Russian Disinformation - By Stern Center for Business and Human Rights
A new report from the NYU Stern Center for Business and Human Rights outlines the dangers posed by Russian political disinformation and offers recommendations to governments and Internet platforms on how to address threats.
—— Research Highlights
-
Trump May Kill the Global Recovery - By Nouriel Roubini
How does the current global economic outlook compare to that of a year ago? In 2017, the world economy was undergoing a synchronized expansion, with growth accelerating in both advanced economies and emerging markets. Moreover, despite stronger growth, inflation was tame – if not falling – even in economies like the United States, where goods and labor markets were tightening.
—- Biography: Professor Nouriel Roubini
- Department: Economics
— Opinion
-
As Human Rights Deteriorate in Myanmar, U.S. Leadership Is Lacking – By Michael Posner
Over the last two weeks, I have traveled to Myanmar and Bangladesh. This was my first visit back to Myanmar in more than five years. And while I am a chronic optimist, my visit offered grim confirmation of the dramatic deterioration of conditions in the country, especially for the Rohingya ethnic minority. These catastrophic conditions underscored the decline of U.S. leadership on human rights in this part of the world and globally.
—- Biography: Professor Michael Posner
- Department: Center for Business and Human Rights
— Opinion
-
We Take More Risks When We Compete Against Rivals - By Gavin Kilduff
Rivalry is everywhere. We see rivalries in sports, business, school, and basically any arena where there is competition. Whether it is rivalry between people (Bill Gates versus Steve Jobs; Roger Federer versus Rafael Nadal), between organizations (e.g., Ford versus GM), or between nations (e.g., should U.S. soccer fans have rooted for rival Mexico in the World Cup?), there is something uniquely powerful about rivalry that differentiates it from others forms of competition and relationships.
—- Biography: Professor Gavin Kilduff
- Department: Management and Organizations
— Opinion
-
Lloyd Blankfein Legacy is a Headache for Solomon - By Roy C. Smith
Goldman Sachs‘ announcement on Tuesday that David Solomon will replace Lloyd Blankfein as CEO was expected, but when the actual change occurs on Oct 1 it will brings to an end the super-eventful 16-year period in which Blankfein reshaped the firm – not once but twice – while maintaining its preeminent role as one of the world’s foremost investment banks even through the worst financial crisis since the 1930s.
—- Biography: Professor Roy C. Smith
- Department: Finance
— Opinion
-
How Microsoft Is Sparking a Crucial Conversation on Facial Recognition Technology - By Michael Posner
This morning Microsoft President Brad Smith posted an essay on the company’s blog that raises important questions about the human rights challenges related to facial recognition technology. Microsoft, and in particular, Smith, have led the tech industry in addressing human rights issues that inevitably grow from the spreading use of emerging technologies. As Smith points out, these new technological capacities are often a force for good, but are also subject to manipulation and can cause great harm. What is clear is that these new technologies are now part of our lives and will play an ever-greater role in the future. Smith rightly focuses on vexing challenges relating to the governance of facial recognition technologies, a rapidly evolving area which requires new models in which both governments and companies assume greater responsibilities.
—- Biography: Professor Michael Posner
- Department: Center for Business and Human Rights
— Opinion
-
Target-2 Masks Reduced Fragmentation - By Kim Schoenholtz
The claims of the Bundesbank on the European Central Bank through the Target-2 system are approaching €1tn. What do these claims represent? Are they subsidised German loans to other euro-area countries – primarily Italy, Portugal and Spain? Do they signal further financial disintegration in Europe? Or, as large as these numbers are, are they simply a consequence of the complex mechanics related to the construction of the Eurosystem and how it implements monetary operations?
—- Biography: Professor Kim Schoenholtz
- Department: Economics
— Opinion