Experience Stern | News & Events

Excerpt from Rag Radio -- "In The Darwin Economy, Frank argues against Adam Smith's theory of the 'invisible hand' which says that competition channels self-interest for the common good."

Excerpt from VoxEU -- "The cost of intermediation in the US is between 1.3% and 2.3% over 130 years. However, the finance cost index has been trending upward, especially since the 1970s. This is counter-intuitive. If anything, the technological development of the past 40 years – in IT in particular – should have disproportionately increased efficiency in the finance industry."

Excerpt from National Journal -- “The [potential] shock we’re talking about is of very large magnitude. ... If you’re just having an Armageddon coming your way, [America’s] buffers may not be adequate.”

Excerpt from Garden City News -- "Dolly Chugh is an Assistant Professor in the Management and Organizations Department at New York University Stern School of Business. She teaches two courses (Leadership in Organizations' and 'Collaboration, Conflict, and Negotiation') to MBA students."

Excerpt from Strategy + Business -- "The main advantage of my CSR maxim is that, in contrast to the oft-suggested innocuous slogans — CSR should be an integral part of the company’s strategy, CSR should be embedded in the corporate genes, doing good while doing well, and the like — my 'anything you, the shareholder, can do, I can do better' criterion is operational."

Excerpt from Bloomberg -- "Europe’s debt crisis has stoked concern that the region may slip into recession, endangering the global expansion. There is a 50 percent chance of recessions in the U.S., the U.K. and euro zone economies in the next 12 months, Nouriel Roubini, co- founder of Roubini Global Economics LLC, said in October. " Additional coverage appeared in Bloomberg Businessweek.

Excerpt from Il Fatto Quotidiano -- "Everybody knew that the program imposed on Greece in May 2010 would not work (Italian to English translation)."

Excerpt from National Post -- "These revelations are sparked by his review of a history entitled 'The Forgotten Man: A New History of the Great Depression' by Amity Shlaes."

Excerpt from EconoPlay -- “On‐campus interviews start in January, and the expected corporate presence is healthy and consistent with last year.”

Excerpt from Council on Foreign Relations -- "The main trend in 2012 is volatility, with the preponderance of extreme macroeconomic risk on the downside. It is a two scenarios environment with roughly equal weight, with the center of global risk located in Europe." Additional coverage appeared in The Wall Street Journal and Saudi Gazette.

Excerpt from Hear the Answer -- "Ghose says that over the past few years, people have migrated from offline interactions to online conversations at an incredibly fast rate - and in the process, they've generated a mind-blowing amount of data."

Excerpt from Global Finance Magazine -- "Wages in the public sector have been falling—but in an inappropriate fashion, according to Nicholas Economides, professor of economics at New York University’s Stern School of Business. He explains how the government failed to evaluate civil servants to determine who was redundant and who was effective."

Excerpt from The Hindu Business Line -- "I lecture students about leadership. My singular message is: spend time to bring out your own hidden dimensions and calling."

Excerpt from Fox News -- "Social media brings a lot of unexpected players into your realm and when people start talking about you and your business, others may be listening, and they need to respond."

Excerpt from Foreign Policy -- "Rarely has someone done so well predicting that the world will go so wrong. Nouriel Roubini rose to prominence for forecasting that the 2008 housing crisis would lead to a global economic meltdown, and he has been peddling a message of doom and gloom ever since. Unfortunately for all of us, he's been right." Additional coverage appeared in Foreign Policy and Mashable.com.

Excerpt from ABC News -- "Sam Craig, a marketing professor at New York University’s Stern School of Business, said that although he didn’t believe Coke’s brand would be tarnished or altered by backlash, the message was clear: 'Don’t mess with the brand.'" Additional coverage appeared in Marketing Week.

Excerpt from NYU Local -- "This is much less mechanical–10% of all revenues. For simplicity’s sake, let’s assume that all revenues come from box office (obviously this is not the case, but remember, this is a very superficial analysis of the subject matter–if you want a more rigorous analysis of this, Professor Amir Malin’s Stern/Tisch Film Finance and Distribution course is a great way to examine all of these deals)."

Excerpt from New York Daily News -- "This half-day, intensive Clinic will feature thought leaders, academics, and innovators from all parts of the mobile ecosystem. The Clinic will take place in a classroom setting with a curriculum designed to increase a manager's proficiency in, and understanding of, mobile marketing and commerce."

Excerpt from Bloomberg Markets -- "The effects of deleveraging are being made worse by excess production capacity due to globalization, according to 'The Way Forward,' a report co-authored by Alpert, Cornell University law professor Robert Hockett and economist Nouriel Roubini of New York University."

Excerpt from The Wall Street Journal -- Robert Engle, who won a Nobel Prize in 2003 for economics, has said that while China is making five-year plans for the next generation, Americans are planning only for the next election.

Excerpt from Forbes -- "Systemic risk always lies hidden. Thus, as Nobel prize winner Robert Engle and others point out, 'While the financial crisis started in the summer of 2007, it was not until the early autumn of 2008 that systemic risk fully emerged.'"

Excerpt from TIME blog -- "Nouriel Roubini argued in the 'Financial Times' the other day that debt restructuring is the answer, to alleviate the burden on Italy."

Excerpt from The Boston Globe -- "Aral recently published in the journal "Management Science" the results of an experiment that examined the viral spread of a product through a network of 1.4 million Facebook users, finding that viral features that alert friends that their friends are using a product more than doubled the increase in the adoption of the product by others in the network."

Excerpt from Associated Press -- "I would say this is a big change. Traditionally, the ECB has seen its only objective as maintaining a stable, low rate of inflation." Additional coverage appeared in Tribune-Chronicle.com, The Boston Globe, STLToday.com, Palm Beach Post, Dayton Daily News, Newser.com, Marshall Independent, AJC.com, BND.com, among other outlets.

Excerpt from The Washington Post -- “You have the beginnings of a credit crunch in Europe. ... [Banks] are limiting their dollar activities. French banks have large operations in Italy — and they’re shrinking. Austrian banks have large operations in Eastern Europe — and they’re shrinking.”