Experience Stern | News & Events

Excerpt from Huffington Post -- "Chang acknowledges his work is grounded on welfare economics and market failure theories; he cites Joseph Stieglitz, Amartya Sen and William Baumol among his influences."

Excerpt from Estadao -- "Banks are liquid and solid, the country has grown well in recent years, and the administration of former President Luiz Inacio Lula da Silva was a significant reduction of social inequity from the improvement in income distribution, with the increased generation of jobs (translated from Portuguese to English)."

Excerpt from PR Newswire -- "Previous Bastiat Prize winners were: ... 2002: Sauvik Chakraverti (Economic Times, India) and Amity Shlaes (The Financial Times). ..."

Excerpt from The New York Times Paul Krugman blog -- "The international experience of 'internal devaluations' is mostly one of failure. Argentina tried the deflation route to a real depreciation and, after three years of an ever-deepening recession/depression, it defaulted and exited its currency board peg."

Excerpt from Forbes -- “What happened to MF Global could happen to Jefferies, Barclays, Goldman Sachs & Morgan Stanley. Leverage & maturity mismatch can lead to runs."  Additional coverage appeared in Forbes and Crain's New York Business.

Mary Ellen Iskenderian, president and CEO of Women’s World Banking, the world’s largest network of microfinance institutions and banks, spoke to a group of MBA students this fall as part of NYU Stern’s Leadership Luncheon Series, coordinated by the School’s Leadership Development Team.

Excerpt from MarketWatch -- "This year's selection committee consists of: ... Viral Acharya is the C.V. Starr Professor of Economics in the Department of Finance at New York University Stern School of Business (NYU-Stern). ..."

Excerpt from EconoMonitor -- "In his foreword, Dr. Henry Kaufman warned 'Capitalism without owners will fail.'"

Excerpt from Bloomberg Businessweek -- “It gives them a chance to show us how they’re unique and different and how they’ll fit into the community." Additional coverage appeared in US News & World Report and Kashmir Monitor.

Excerpt from Wireless News -- "Joining Ferik in the panel discussion was ... Lawrence White, economics professor and economics department deputy chair at New York University's Stern School of Business and co-author of Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance, published earlier this year."

Excerpt from Investment Week -- "The academic evidence on the long-term successes of IPOs is, to be generous, mixed. For example, a study of 5,821 IPOs highlighted by Loughran and Ritter in Investment Fables by Aswath Damodaran, calculated that IPO firms underperformed peers by high single digits per annum for up to four years."

Excerpt from MediaPost -- "Magazine publishers received a public scolding at the American Magazine Conference from L2 founder Scott Galloway, who warned that magazines are behind the curve when it comes to social media."

Excerpt from BizCommunity.com -- "Professor Scott Galloway's NYU-based think tank, LuxuryLab released fascinating findings in their third annual 'Digital IQ" report this week. The report assessed the digital competence of 49 global fashion and leather goods firms, to a small number of media outlets."

Excerpt from Marketplace Radio -- "I don't think you would have seen Obama or Merkel decide to make this sort of decision and announce it Facebook."

Excerpt from Benzinga.com -- “Neither the public nor economists foresaw that [S&L deregulation was] bound to produce looting. Nor, unaware of the concept, could they have known how serious it would be."

Excerpt from The Diplomat -- "As Nobel laureate Michael Spence has noted, the current era of economic growth is occurring in 'the third century of the Industrial Revolution.' Like the modernization of Europe and the United States during the 19th century, economic development in Brazil, India, and China has been powered by the prodigious use of fossil fuels."

Excerpt from Livemint -- "Very soon, India will have the world’s largest ever biometrics database, a fertile foundation for creating the myriad applications that will unleash the value of Aadhaar."

Excerpt from The New York Times -- "A flat tax would do nothing to make filing tax returns any simpler. But, more important, it would greatly exacerbate longstanding growth in income inequality."

Excerpt from Forbes -- "Investor Robert E. King and his wife have given $150 million (part of which is a challenge grant) to found the Stanford school’s Institute for Innovation in Developing Economies, which will informally be known as SEED. ... (SEED itself will be chaired by Nobel winner Michael Spence, another specialist on development economics and dean emeritus of Stanford GSB.)."

Excerpt from Barron's -- "Lev empirically proves the parental admonition that honesty is the best policy. In a company's case, honesty without delay will almost always result in better stock performance over time than evasion and obfuscation."

Excerpt from The Wall Street Journal -- "The board should be focused on unlocking [Yahoo] value for all shareholders instead of protecting a small group." Additional coverage appeared in CNET

Excerpt from Variety -- "The volume of submissions is up but the commercial viability is down. Most of the submissions we are seeing don't merit a viable commercial release."

Excerpt from Occidental Observer -- "Jonathan Haidt (a social psychologist himself) has made a major contribution calling attention to social psychology as a 'tribal moral community' united in its liberal political commitments. He notes that articles that contravene the tribal liberalism are subjected to much higher standards in order to get published."

Excerpt from Investment Weekly News -- "The event will culminate with a closing keynote presentation on sovereign debt today and its position in the global economy from Edward I. Altman, PhD, Max L. Heine Professor of Finance at NYU Stern School of Business and an internationally renowned expert on corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis."