Experience Stern | News & Events

Excerpt from Newstrack India -- "Last year we did a small conference around this time, Michael Spence was the international speaker."

On December 12, NYU Stern's Salomon Center and Center on Global Economy and Business hosted an event to discuss the state of the Eurozone and the Euro.

Excerpt from Business Insider -- "Keene also shared his seasonal reads with us. For the winter he's all over Daniel Kahneman's Thinking Fast and Slow, and his book for the fall was Michael Spence's, The Next Convergence: The Future of Economic Growth in a Multispeed World."

Excerpt from The Huffington Post -- "American banks' vulnerability to the crisis in Europe is 'substantial across the board,' said Nicholas Economides, economics professor at New York University's Stern School of Business."

Excerpt from The New American -- "'From 1929 to 1940, from Hoover to Roosevelt, government intervention helped make the Depression Great,' writes Amity Shlaes in 'The Forgotten Man: A New History of the Great Depression.'" Additional coverage appeared in Belleville News Democrat and American Spectator blog.

Excerpt from Princeton University -- "Princeton University professor Christopher Sims accepted his Nobel Prize in economics Dec. 10 during a ceremony at the Stockholm Concert Hall in Sweden. The prize was awarded to Sims along with Thomas Sargent, a New York University economist and visiting professor this semester at Princeton, for developing tools to analyze the economic causes and effects of monetary policy."

Excerpt from Financial Times -- " ... 'rational expectations' practitioners, of whom Thomas Sargent is an acknowledged leader, might claim to derive inspiration from von Hayek’s earlier work on the role of markets and the use of knowledge in society (American Economic Review, 1945)."

Excerpt from CBS News -- "Smaller U.S. companies are starved for capital much the way that emerging markets, energy and commodities were 10 years ago." Additional coverage appeared in Business Insider.

Excerpt from i-italy.org -- "After Saviano's speech, professor Roubini started to talk and thanked his interlocutor for being in New York, risking his life everyday for justice and social equality, and by commenting his words he added that there is another important discipline that should be studied, a better management of criminal money (Italian to English translation)." Additional coverage appeared in Badische Zeitung.

Excerpt from New York Times -- "If government is inevitable, why not try to create the most effective one possible? Success requires focus and hard work, which in turn require dedicated and competent public servants. But experience shows that it’s possible."

Excerpt from Financial Times -- "According to a study this year by Michael Spence, a Nobel Prize-winning economist from Stanford University, and Sandile Hlatshwayo, all net job creation since 1990 has been in the 'non-tradable sector.'" Additional coverage appeared in US News & World Report.

Excerpt from Associated Press -- "Americans Christopher Sims and Thomas Sargent won the economics prize for describing the cause-and-effect relationship between the economy and government policy." Additional coverage appeared in Arirang News, Reuters Africa, Bloomberg, Gulf News, and MSNBC Photo blog.

Excerpt from Times of India -- "I cried for two days thinking of what makes me happy. And it was music ... music has changed me personally and professionally." Additional coverage appeared in Daily Bhaskar and DNA India.

Excerpt from The Economist -- "The Honduran regions are modelled on a concept called 'charter cities' developed by Paul Romer, an economics professor at New York University. The principle is simple: take a piece of uninhabited land big enough for a city of several million, govern it by well-tried rules and let those who like the idea move there."

Excerpt from The Economist -- "Amity Shlaes, an economic historian, argues that 'government intervention helped make the Depression Great.'" Additional coverage appeared in Crain's New York Business and PBS Newshour.

Excerpt from The Huffington Post -- "To actually resolve the liquidity crisis, Economides said, either the ECB would need to ramp up its purchase of government bonds, or the European Financial Stability Facility and the European Stability Mechanism -- two bailout funds -- would have to be expanded to contain enough money to be capable of bailing out both Italy and Spain and still have some money left over."

Excerpt from Vanity Fair Italy -- "As often happens, the most interesting topics come with questions. The same happened last night at NYU's Stern School of Business at the meeting with Roberto Saviano and the American economist Nouriel Roubini (Italian to English translation)." Additional coverage appeared in Corriere della Sera, Quotidiano, ANSA, La Repubblica, Dario del Web, Lettera43, Net1News, and InfoOggi.

Excerpt from Times of India -- "Erin O'Brien, assistant dean, TRIUM Global Executive MBA Program and NYU Stern Global Programs, points out that the program integrates international economic, political and social policy into the business curriculum."

Excerpt from Media Matters for America -- " ... there are other ways to attack unemployment that could garner bipartisan support. Perhaps the most promising is a payroll tax holiday." Additional coverage appeared in New America Foundation, New York Times blog, and Phillyburbs.com.

Excerpt from ItaliaOggi -- "This means that they included 'individuals usually considered as the target of Apple, for example, creative people who work in advertising agencies as well as business executives,' Vicki Morwitz told ItaliaOggi (Italian to English translation)."

Excerpt from US News & World Report -- "Fiscal experts Martin Feldstein and Daniel Altman found that the 'most thoroughly researched effect of the existing UI system on unemployment is the increase in the duration of the unemployment spells.'"

New York University Economics Professor Thomas Sargent, the 2011 Nobel Laureate in Economics, will be awarded the prize on Saturday, December 10 during a ceremony in Stockholm. The event, which begins at 10:30 a.m. EST, may be viewed live at: http://www.nobelprize.org/.

Author and journalist Roberto Saviano and Professor Nouriel Roubini sat down with Ruth Ben-Ghiat, chair of NYU’s Department of Italian Studies, to share their perspectives on the financial crisis, criminal activities and money laundering, and how they undermine trust in the global financial system. Presented by NYU’s Department of Italian Studies, Casa Italiana Zerilli-Marimò and the Global and Joint Program Studies at the Arthur L. Carter Journalism Institute, and hosted at NYU Stern, the event drew some 400 students, faculty, press and members of the community to campus.

Excerpt from International Herald Tribune -- ‘‘Customers may be happy to employ R&R, and pay some fees, but a public vouching may be more than the customer wants to do."  Additional coverage appeared on a New York Times blog.

Excerpt from Bloomberg TV -- "I think this is one of the many two-scenario situations where we could get a sufficient commitment from the European Union and the eurozone to prevent Italy from spiraling out of control even with a credible reform program or we could get some kind of deadlock in the process as they try to figure out what a fiscal union would look like and then I think most of us would probably want to take cover." Additional coverage appeared in Yahoo! Finance and Bloomberg Radio.