Experience Stern | News & Events

Excerpt from The Australian -- "Economist Michael Spence put it differently on a recent trip to Australia, noting the developed world has a middle class of 1 billion and the developing world has 5 billion hoping to reach that level. In short, the world is fast converging right on Australia's doorstep."

Excerpt from The High Low -- "NYU marketing professor Scott Galloway is creating a ranking system for retailers’ digital health. Called the Luxury Lab Digital IQ Index, it assigns e-tailers and physical retailers points based on their digital strategies and online innovation, to create online IQs for companies."

Excerpt from USA Today -- "'The sentiment data (are) more timely and reflect August surveys, whereas (many of) the economic reports are still focusing on July,' [Richard Bernstein] says."  Additional coverage appeared on CNBC.

NYU Stern’s Berkley Center for Entrepreneurship & Innovation received the first annual 2011 OPEL Award, recognizing the Center’s entrepreneurial leadership, this fall.

Excerpt from Washington Square News -- "I am excited about my class this semester because I want to hear from the students — their take on the shifts happening in the world today."  Additional coverage appeared on Dealbreaker.com.

Excerpt from Bloomberg -- "Defense spending is the key: More hiring and spending by the Army, Navy, Air Force and affiliated departments, such as the Defense Advanced Research Projects Agency, the high-end military technology developer known as DARPA."  Additional coverage appeared on Delawareonline.com, Concord Monitor, New York Post, Brainerd Dispatch, Atlanta Journal Constitution, Pacific Free Press and Kansas.com.

Excerpt from Australian Broadcasting Corporation -- "There is not a day that passes when, commuting by ferry to Manhattan from Staten Island, I do not look out and notice the absence of the twin towers of the World Trade Centre."

Excerpt from Financial News -- "Based on changing markets and increasing regulatory pressures, it is time to unwind the mega-banks into smaller, simpler, less risky business models."  Additional coverage appeared on a Wall Street Journal blog and CNBC.

Excerpt from Forbes -- "So what can Obama do to calm the markets at this point? Or, as Nouriel Roubini asked last month, 'is capitalism doomed?'"  Additional coverage appeared on Qfinance.com and iStockAnalyst.com.

Excerpt from CNBC -- "Nouriel Roubini told CNBC that Italy would benefit if Prime Minister Silvio Berlusconi left office."  Additional coverage appeared in three CNBC pieces, Financial Times, two Wall Street Journal pieces and Moneynews.

Excerpt from The Washington Post -- "From centrist Democratic groups such as the Progressive Policy Institute and Third Way, to economists such as Hoover Institution Nobel laureate Michael Spence ... the new watchword for America’s future — however challenging it may be to get there — is manufacturing."  Additional coverage appeared in The Frontier Post, Capital Times and LowyInterpreter.com.

Excerpt from Business Today -- "'Mature markets rely on deep institutional underpinnings,' the study of the team, headed by 2001 Nobel prize winner in economics Michael Spence, said."  Additional coverage appeared in Bloomberg Businessweek.

Excerpt from Politico -- “Apple is synonymous with innovation. The imagery is really powerful, and the president’s accessories reinforce the brand. It sends a message to everyone without trying.”  Additional coverage appeared on NYU Local.

Excerpt from BusinessLive -- "Later this month he'll be taking the stage at the Discovery Invest Leadership Summit alongside other luminaries like Al Gore, Maria Ramos and Nouriel Roubini - the economist who predicted the collapse of the US housing market and the global recession of 2008-09."

Excerpt from The Independent -- "The New York University economist, Nouriel Roubini, warned at a conference in Lake Como, Italy, yesterday that 'there is a significant probability of a double-dip recession.'"  Additional coverage appeared on Market Oracle, Ritholz.com, FundMyMutualFund.com, Seeking Alpha, Dealbreaker.com, Business Insider, OutsidetheBeltway.com and The Economist blog.

Excerpt from The Wall Street Journal -- "Coolidge's limited response—shaped by his bone-deep federalism and localism—would be almost unrecognizable to politicians and citizens of the 21st century."

Excerpt from CNBC -- "The world’s developed economies are trapped at the 'stall speed' of low growth and need to have greater fiscal stimulus and less austerity to kick-start growh, leading economist Nouriel Roubini told CNBC Friday."  Additional coverage appeared on a CNBC, CNBC blog, The Huffington Post, The Washington Post, San Francisco Chronicle, Sydney Morning Herald, Seeking Alpha, two The Guardian pieces, FXStreet, Bloomberg and The Telegraph.

Excerpt from Reuters -- "'They have off-balance-sheet financings and off-balance-sheet assets and they're very happy to have off-balance-sheet intangibles,' Lev said."  Additional coverage appeared on MSN Money and The Huffington Post.

Excerpt from CNBC -- "Roubini warned that 'if you had a breakup of the monetary union with some of the member states exiting, the consequences will be global and systemic.'"  Additional coverage appeared in two CNBC pieces, BBC, five Bloomberg pieces, San Francisco Chronicle, four Bloomberg Businessweek pieces, Forbes, The New York Times, The Wall Street Journal, Wall Street Journal blog, AFP, Postmedia News, two NASDAQ pieces, The Telegraph, SafeHaven.com, two Business Insider pieces, two Guardian pieces, FXStreet.com, Europolitics.info, Newsmax.com, Eurobserver.com, The Peninsula Qatar, Seeking Alpha, Examiner.com, Today's Zaman and Creditwritedowns.com.

Excerpt from Bloomberg TV -- "Nouriel Roubini, chairman of Roubini Global Economics LLC and a professor at New York University's Stern School of Business, talks about the risk of advanced economies sliding into recession and the response of policy makers."  Additional coverage appeared on GuruFocus.

Excerpt from Bloomberg -- "This chart bears out that assertion: right-to-work states have for many years performed better on this measure than non-right-to-work states."

Excerpt from Reuters HedgeWorld -- "'You might have to directly go and buy assets of the private sector that have a high spread as a way of reducing those spreads and, therefore, inducing reduction in the borrowing cost,' Roubini says."  Additional coverage appeared on WealthWire.com, NASDAQ, Seeking Alpha and DepositAccounts.com.

Excerpt from Bloomberg Businessweek -- "The world economy has a 50 percent chance of slipping into recession, Michael Spence, a professor at New York University’s Stern School of Business who won the Nobel Prize in economics in 2001, said in an Aug. 25 interview on Bloomberg Television."  Additional coverage appeared in Treasury & Risk.

Excerpt from Bloomberg -- "Fung last month founded the Fung Global Institute, a think tank with Nobel laureate Michael Spence overseeing its research agenda."

Excerpt from MSNBC -- "I would say we have to basically hammer home the message that we can't support the housing market without actually sometimes cleansing the housing book, We have to fix bankruptcies."