Experience Stern | News & Events

Excerpt from International Business Times -- " ... the thief steals an iPhone because it's there, not because the thief has affection for Apple's iPhone, but because society does."

Excerpt from The New York Times -- "You can make a good argument — as Romer and others do — that the greatest opportunities for progress today lie with better rules and systems. Improving schools is more about process than laptops." Additional coverage appeared in Nassau Guardian.

Excerpt from Financial Times video -- "...although the economy is not in an ideal situation, I would say I'm definitely optimistic about the future."

Excerpt from Forbes -- "Interesting new research about how people think, behave and operate in society is quickly repackaged for broader audiences. The new literati of the genre include David Brooks, Jonathan Haidt, Dan Ariely, and Daniel Kahneman."

Excerpt from Reuters blog -- “My main problem with Basel III Accords is that they’re a lot like Basel II, which are a lot like Basel I. And that approach does not seem to work. It chooses winners and losers by the way they impose capital requirements. It’s very institution-based so it allows systemic risk to build up in the system.”

Excerpt from New York Post -- "George W. Bush dined at Robert at Columbus Circle with John and Margo Catsimatidis, Henry Kravis, Chris Ruddy, Ambassador Bruce Gelb, Ambassador Brenda Johnson, Seth Lipsky, Amity Shlaes and Alexandra Preate."

Excerpt from Washington Post -- "My entry is the attached graph of what I call the Toil Index. It's an index I constructed to portray the most dramatic element of the middle-class squeeze -- the effort required to rent a house served by a school of average quality. "

Excerpt from Forbes -- "The size of Italy’s debt burden has precluded an official sector backstop up to this point, and debt restructuring may indeed be too much for the French banking system to handle."

Excerpt from Council on Foreign Relations -- "We're entering a period in which our economic power and national influence are going to be more broadly spread out. And we'll need help to manage the whole operation in terms of security and economic balance and sustainability -- but we're going to have to figure out how to do it together, without being a dominant player."

Excerpt from The Huffington Post -- "A recent study by NYU's Stern School of Business ranks BofA as the most systemically risky firm in the United States."

Excerpt from The Huffington Post -- "In my humble opinion, 'TV Time' is a crucial tool to re-open the lines of communication and tear down the silos we've built around ourselves."

Excerpt from Associated Press -- "His work on Chaucer led to 'The Rap Guide to Evolution,' 'The Rap Guide to Human Nature' and 'The Rap Guide to Business,' which he was commissioned to write to welcome a new class at New York University's Stern School of Business."

Excerpt from The Huffington Post -- "There is only one relevant question with respect to last week's summit in Europe on saving the euro: Is it enough to halt or reverse the run on the European banking system? Not even close."

Excerpt from Kiplinger's -- "'When I went from paying for the extras to buying just the bare-bones wash and saving a ton of money, I transitioned from being a myope to being a sophisticate,' according to Harvard economics professor David Laibson and now NYU economics professor Xavier Gabaix." Additional coverage appeared in NASDAQ.

Excerpt from The Economist -- "Bushee and co-authors Michael J. Jung and Gregory S. Miller define selective access as the opportunity for investors to meet privately with management in individual or small group settings at invitation-only investor conferences."

Excerpt from The Economist -- "If we go back and look at the paper by Michael Spence and Sandile Hlatshwayo on net job creation, we see that while non-tradable sectors have been responsible for nearly all of the economy's employment growth since 1990, the tradable sector has generated the bulk of the economy's increase in value added."

Excerpt from Union Leader -- "Beyond the intricate Chinese pictograms captured in iridescent neon and the incense spirals that smolder in the Man Mo Taoist Temple on Hollywood Road, Hong Kong's most exotic gift to a visiting American is a reminder of how economic dynamism looks."

Excerpt from Slate -- "Taking their money and giving it to people who need it more produces a much more efficient allocation of society's material resources. That's why Robert Frank and many of the rest of us think a steeply progressive consumption tax would be a big winner for America."

Excerpt from The Fiscal Times -- "As Robert Frank explains in his book 'The Darwin Economy,' requiring the rich to pay a larger share allows us to have more goods and services than we would have with a more equal tax structure – we can make everyone better off – and this improves economic efficiency."

Excerpt from Business Insider -- “Belief repositories are fueled by hard evidence but can lead marketing teams to make investments where no experiment or marketing mix model has yet been run.”

Excerpt from The Globe and Mail -- "According to data from New York University finance professor Aswath Damodaran, the average earnings yield for the S&P 500 from 1960 to 2010 was 6.86 percent."

Excerpt from Forbes -- "Famous names like Paul Krugman and Nouriel Roubini are highly cautious on China, and well known CNBC guest and hedge fund manager, Jim Chanos, has been whistling by China’s grave before the dead body even arrives." Additional coverage appeared in another Forbes piece.

Excerpt from Boston Globe -- ‘‘My personal view is we ought to regard Bank of New York as the oldest bank. The other two banks, North America and Massachusetts, were taken over by others, and so they have less of a claim to ‘oldest US bank.'"

Excerpt from Financial Times -- "If the world’s biggest economies continue to play the same game and try to kick the cans further down the road for another year, the cans will become bigger and heavier and eventually hit a brick wall." Additional coverage appeared in Reuters blog, CNBC, and Handelsblatt.