Experience Stern | News & Events

Excerpt from Financial Times -- "The European banking sector also remains under pressure in large part owing to its exposure to European sovereign credit. A firewall is needed now to stabilise the markets, bring yields down, allow for sovereign refinancings, reduce stress in the banking sector and provide protection against likely future credit events."

Excerpt from GFS News -- "Viral Acharya, an economics professor at New York University, says ring-fencing requirements are not the priority tool for preventing another financial crisis and should be looked at as part of a group of rules."

Excerpt from Downtown Express -- "'We need to absolutely make sure that the Peck incubator will fit in Tweed for all three years,' echoed Eric Greenleaf, a business professor at New York University whose student enrollment projections indicate severe overcrowding in Downtown schools in the years to come."

Excerpt from Financial Times -- "It is a shame that Prof Kay’s macroeconomic education stopped in the 1970s. He might find more recent work to his liking, including Prof Sargent’s work (with Lars Hansen) on behaviour when you are not sure how the world works."

Excerpt from The Huffington Post -- "In fact, American TV is stronger now than ever, with no signs of slowing down. Rather than destroying television, these 'disruptive' technologies have created something new called 'TV,' which is more potent, more vital and more important than at any point since the first black and white broadcasts." Additional coverage appeared in Popbytes.com.

More than 400 students, faculty and administrators from across NYU gathered to hear Eric Schmidt, executive chairman of Google, Inc., interviewed by NYU Trustee and alumna Maria Bartiromo (WSC ’89), anchor at CNBC, in NYU Stern’s Paulson Auditorium.

Excerpt from Bloomberg TV -- "It's inspired by Germany, it's a way to go forward with much more discipline. I'm afraid though that the way it was set up, it was almost blackmail fashion. You have to accept it, or if you don't accept it the financial markets are going to eat you alive."

Excerpt from CNBC -- "Discussing why Home Depot is still in a good position despite the drop in contractor business, with Kenneth Langone, Invemed Associates/Home Depot co-founder." Additional coverage appeared in Capital.gr.

Excerpt from NBC New York's ThreadNY blog -- "We also have a program with NYU Stern students, who are getting their MBAs, who work with designers on their business plans. We are now in our second CFDA Incubator class. It’s really a fully-rounded opportunity for designers."

Excerpt from Risk and Insurance -- "William R. Berkley has been in the insurance business ever since he launched his company with $2,500 out of Harvard's business school in 1967. That means he's been playing the property/casualty coverage game for nearly 45 years."

Excerpt from The Wall Street Journal -- "To use an American analogy recently promoted by Nobel laureate and New York University economist Thomas Sargent, the 17 have been trying to fix their debt and banking problems under the equivalent of the Articles of Confederation, not the Constitution."

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."