Experience Stern | News & Events

Excerpt from Bloomberg -- "'The Bank of Japan's effort to weaken the yen is a beggar-thy-neighbor approach that is inducing policy reactions throughout Asia and around the world,' Nouriel Roubini warned in a recent op-ed. 'Central banks in China, South Korea, Taiwan, Singapore, and Thailand, fearful of losing competitiveness relative to Japan, are easing their own monetary policies, or will soon ease more.'"

Excerpt from CityLab -- "Because of the substandard conditions connected to such settlements, most planners would indeed like to alter that pattern, by laying out, for example, a grid of streets and sidewalks and infrastructure in advance of growth—a recommendation of Shlomo 'Solly' Angel in his work on the Atlas of Urban Expansion, a partnership of the NYU Stern Urbanization Project, UN-HABITAT, and the Lincoln Institute of Land Policy. The model is the way that future growth was planned for Manhattan, or Barcelona."

Excerpt from The Huffington Post -- "As NYU Stern students move into leadership positions, they have the power to significantly impact companies and industries as they bring with them a new paradigm for leadership that helps create a new 'bottom line,' exemplifying compassion, self-awareness, courage, and resilience personally, interpersonally, and organizationally. The Institute for Mindful Leadership, which develops and delivers mindful leadership training to leaders in a range of organizations around the world -- corporate, nonprofit, academic, government and military -- is a natural partner in this."

Excerpt from AFP -- "'We are transitioning to an economy where more people are providing a service using a platform' such as Uber, he told a forum in Washington this week. 'We need to see what the market provides so that any government intervention is surgical. So it is not there when the market is taking care of itself.'"

Excerpt from The Daily Star -- "'The inspection of some factories that were outside the purview of Accord and Alliance are being carried out under the National Action Plan. It is necessary to discuss how they will carry on remediation,' said Sarah Labowitz, co-director of NY University Stern Centre for Business and Human Rights. 'I hope that real discussions will take place on the practical solutions to how finance comes to small and medium sized factories.'"

Excerpt from The New York Times -- "'The demand is starting to dry up,' said David L. Yermack, a professor of finance at New York University’s Stern School of Business. 'I think a lot of the excitement may have bled out of investors."

Excerpt from Bloomberg -- "The regulations that we have today for hotels, for taxis... they were built for an old sharing economy in which we hail yellow cabs, in which we call black car services, we stay at hotels... So now we've got the digital platforms. We've got someone who's sort of sitting in between the person who's providing you with the service and the person who's demanding the service. And so I think we should give that entity some of the responsibility that we used to call on the government for."

Excerpt from The Atlantic -- "The fact these new jobs pay so little, and are often staffed through 'temporary' arrangements, means that any supposed economic 'gains' brought about by their arrival are precarious.'This [DCs] could create short-term jobs, but I see no sort of long-term or even medium-term benefit or clustering effect for the local economy out of this,' says Foudy."

Excerpt from Bloomberg -- "I think it's a misunderstanding of the way the system works. It's a meritocratic system with almost imperial-like sort of bureaucracy guiding the economy through transitions as it becomes a market economy... Most banks are state-owned at some level. Historically, they have not been strictly market-oriented. They do the government's bidding when it's important... They are a different breed of animal."

Excerpt from Roll Call -- "'We may thus need to figure out new ways of funding capital contributions to society,' Sundararajan said. 'In the long run, the sharing economy also calls into question the logic of some existing taxes like hotel taxes.'"

Excerpt from Financial Times -- "Another worry, as pointed out by Stephen Cecchetti and Kermit Schoenholtz in their blog Money, Banking and Financial Markets, is that if much of the loss-absorbing debt is held by leveraged investors such as hedge funds then there is a risk of contagion across the financial system and back to banks."

Excerpt from Financial News -- "China is the 'miracle economy' of today. It has much in common with the centralised, export-led economy of Japan before 1990. And it is vulnerable to similar sorts of asset bubbles that can devastate its economic momentum and progress."

Excerpt from Straits Times -- "In 2015, China's economy will deliver strong growth, and its talented leaders will maintain their monopoly on power. And China's fate will become even more important for international politics and the entire global economy."

Excerpt from BusinessBecause -- "NYU: Stern, based in New York, has invested in an MS in Business Analytics course which launched in May 2013. Roy Lee, assistant dean of global degree programs, says it has filled both cohorts of 60 with ease. 'We closed out the admissions cycle a month and half early, with a waiting list for the following year,' he adds... 'We are teaching the managers [and] executives who need to understand the language of analytics and how to leverage data to make strategic decisions,' says Roy."

Excerpt from The New York Times -- "Arun Sundararajan, a professor at New York University’s Stern School of Business, says that services like Spare5 can be empowering to people who want more control over when and how they work, even if it’s for peanuts. But he says that can be taken too far. 'Spare time is a good thing to have,” he said. “You don’t want to spend every minute making money.'"

Excerpt from The New York Times -- "'It was mostly a symbolic move,' said Richard Sylla, a professor of the history of financial markets and institutions at New York University. 'Which isn’t to say that it was crazy or unfounded. What the Swiss were really saying by considering the plan was that some of them were going to feel a whole lot better if they had tons of gold inside the bank.'"

Excerpt from The Washington Post -- "'Thinking of them as a company that transports people from one place to another is one part of the story,' says Sundararajan, pausing our phone call to get into an arriving Uber vehicle. 'But you wouldn't come up with a $40 billion valuation from just that. Their investors are betting on a behavioral change amount where a lot of people are willing to spend more than they do now to get things on demand.'"

Excerpt from Psychology Today -- "Specifically, Adam Alter of the Stern School of Business at NYU and Hal Hershfield of the Anderson School of Management at UCLA conducted a series of studies to determine if approaching a new decade in age is associated with increased meaning-related appraisals and endeavors... In short, actually approaching a new decade in age or imagining approaching a new decade in age motivated a desire for meaning."

Excerpt from Associated Press -- "Uber is offering car service in 250 cities in 50 countries now, up from 60 cities in 21 countries just a year ago. You can order a car using its popular mobile app in Asia, North America, and Europe. That's a big market. Taxi and limousine companies around the world generate maybe $100 billion a year, estimates New York University's Aswath Damodaran, a finance professor who blogs about Uber."

Excerpt from New York Post -- "'We still have a long way to go to undo the damage from the financial crisis,' said New York University economics professor Joe Foudy. 'The percentage of Americans in the labor force remains far below where it should be.'"

Excerpt from TIME -- "'A healthy Japan is good for the U.S. and good for the world economy,' says Kim Schoenholtz, director of the Center for Global Economy and Business at New York University’s Stern School of Business."

Excerpt from Marketplace -- "'This is not inflation increases, this is something that is really extraordinary, and replicates the index of living extremely well,' says Thomai Serdari, a professor of  marketing at NYU’s Stern School of Business. She adds, 'it is a manufactured, namely, an artificial market that keeps going up, as long as there are people who are wiling to spend.'"

Frank Blake, Chairman of Home Depot, will join Langone MBA students and alumni​ for a 2014-2015 Langone Speaker Series event.

Excerpt from Ethisphere -- "Haidt is Founder and Director of Ethical Systems (www.ethicalsystems.org), a non-profit collaboration of researchers from America’s top business schools that pool their research insights to promote the ethical functioning of corporations. Haidt has also performed pioneering research that exerts a profound impact on the ethical functioning of companies... Through her research and teachings, Chugh has emerged as a passionate advocate for, and participant in, the education reform movement."

Excerpt from The Economist -- "By using satellite images, old maps and population data, Mr Angel has run a ruler over some 3,600 metropolitan areas. He finds that, with few exceptions, they are less dense in wealthier countries. Paris is less than one-third as densely populated as Cairo and barely one-seventh as dense as Mumbai. Even rich cities that seem packed are sparsely populated compared with poorer ones. Tokyo is only one-fifth as densely populated as Dhaka, for example."