Faculty News

An interview with Prof. Richard Sylla on the history of Wall Street

NPR logo
Excerpt from NPR -- "Wall Street just got to be the place where you went to do your banking, when you went to buy and sell your stocks and bonds. The House of Morgan was here, National City Banks was here. The First National Bank was here." Additional coverage appeared on WNYC.
Faculty News

In an op-ed Prof. Jacob Jacoby says Obama & Democrats must adopt new communication strategies

Huffington Post logo
Excerpt from The Huffington Post -- "To move the electorate, an effective response requires adopting more rational, scientifically-based communication strategies, regrettably, something missing from the 2010 campaign."
Faculty News

An op-ed by Prof. Adam Alter on measuring beauty, happiness and wealth

Psychology Today logo
Excerpt from Psychology Today -- "Many of the concepts that we measure in the social world are difficult to measure objectively, in the absence of reference points, so we're compelled to rely on constantly changing yardsticks."
Faculty News

Nobel Laureate Prof. Michael Spence on the chance of another recession

Excerpt from The Takeaway -- "[Spence] thinks there is a fifty percent chance of the global economy slipping into another recession."
Faculty News

A lecture by Prof. David Backus on the current economy is featured

Excerpt from Targeted News Service -- "The students on Hamilton's NYC program attended a lecture at NYU's Stern School of Business, hosted by David Backus '75, a professor of economics at Stern."
Faculty News

Executive Board Member and Prof. Richard Bernstein advises US investors

USA Today logo
Excerpt from USA Today -- "Europe is a short-term trading issue ... U.S. investors with any reasonable time horizon should focus on economic indicators and not the yelling about European banks."  Additional coverage appeared on iStockAnalyst.
Faculty News

Prof. Nouriel Roubini on the risk of recession is the US and Europe

Excerpt from Bloomberg -- "Nouriel Roubini ... said today there’s a 50 percent risk that the U.S., the U.K. and the euro region will fall into recession in the next 12 months."  Additional coverage appeared on Bloomberg, two CNBC pieces, MarketWatch, Forbes, AFP and Reuters.
Faculty News

Prof. Aswath Damodaran on the value of a brand

Excerpt from Motley Fool -- "Renowned finance professor and valuation expert Aswath Damodaran has said that the value of a brand is directly correlated with a company's pricing power."
Faculty News

Prof. Michael Moses on fine art as a financial asset

Excerpt from The Spectator -- "Artwork is an uncorrelated asset ... It doesn't relate to anything that happens in other assets, like oil or gold or the price of wheat or corn. That improves its allure."  Additional coverage appeared on Bizcommunity.com.
Faculty News

In an op-ed Prof. Thomas Cooley offers solutions for the European financial crisis

Reuters logo
Excerpt from Reuters -- "For all of the Eurozone countries faced with unsustainable fiscal policies the solution will involve considerable pain in the form of budget cuts, shrinking public sectors and increases in tax collections."  Additional coverage appeared in a Reuters blog.
Faculty News

Nobel Laureate Prof. Michael Spence on Europe's need for a rescue fund

Excerpt from Bloomberg -- "Europe may need $2 trillion in its rescue fund to fight the debt crisis, more than the 940 billion euros ($1.3 trillion) that governments are said to be seeking, said Michael Spence, the Nobel Prize-winning economist." Additional coverage appeared in Bloomberg Businessweek.
Faculty News

Prof. Jonathan Haidt on the relationship between disgust and morality

WIRED logo
Excerpt from WIRED -- "'It’s a great example of the increasingly sturdy bridge between biology and political science,' said Jonathan Haidt, a New York University psychologist who studies the relationship between disgust and morality."
Faculty News

An interview with Prof. Richard Sylla on Alexander Hamilton

The Daily Deal logo
Excerpt from TheDeal.com -- "'He knew more about finance than anyone at that time,' says New York University business professor Richard Sylla about Alexander Hamilton, the first secretary of the U.S. Treasury."
Faculty News

Prof. Nicholas Economides on Greece's debt problems

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Excerpt from The Huffington Post -- "Without new development, without new jobs, without growth, the Greek economy will keep going down." Additional coverage appeared in Skal.
Faculty News

An op-ed by Prof. Michelle Lederman on the importance of expanding your professional network

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Excerpt from CNBC -- "It is crucial, though, to keep expanding your network, and not settle into complacency once you’ve found a group of people with whom you’re comfortable."
Faculty News

Prof. Nouriel Roubini says the financial system problems have not yet been resolved

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Excerpt from Knowledge@Wharton -- “The problems of the financial system on Wall Street have not been resolved. People talk about Dodd-Frank, but have we really changed the system of compensation? Have we dealt with the corporate governance problem? Have we divided commercial banking and the more risky shadow banking and investment banking? No."  Additional coverage appeared in The Huffington Post.
Faculty News

Prof. Nathan Pettit's research, linking social status to trustworthiness, is featured

Excerpt from OSU's The Lantern -- "People of a higher status were more likely to be trusted on a first encounter than those of lower status."
Faculty News

An op-ed by Prof. Jonathan Haidt on the moral foundations of Occupy Wall Street

Excerpt from Reason -- "In my visit to Zuccotti Park, it was clear that the main moral foundation of OWS is fairness, followed by care and liberty. Loyalty, authority, and sanctity, by contrast, are very little in evidence."  Additional coverage appeared on ThinkProgress.org, Business Insider and Falken Blog.
Faculty News

An interview with Prof. Jeffrey Younger on Virtual Teams in International Business (VIBU)

Excerpt from MMUGM Indonesian TV -- "ViBU Real Game simulates a realistic business challenge. Diverse teams from various universities and countries jump into direct competition with each other, for winning the highest firm's market values."
Faculty News

"Guaranteed to Fail," a book by NYU Stern faculty, is featured

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Excerpt from Business Standard -- "The authors – professors at the Leonard N Stern School of Business at New York University -– have laid bare the way a vital component of the US financial system got distorted and how the process was aided by the government for decades."
Faculty News

Prof. Nouriel Roubini on resolving the financial system's problems

Knowledge at Wharton logo
Excerpt from Knowledge@Wharton -- “The problems of the financial system on Wall Street have not been resolved. People talk about Dodd-Frank, but have we really changed the system of compensation? Have we dealt with the corporate governance problem? Have we divided commercial banking and the more risky shadow banking and investment banking? No. So that remains.”
Faculty News

Prof. Paul Romer's paper on bankruptcy for profit is referenced

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Excerpt from The New York Times -- “Neither the public nor economists foresaw that the [deregulation of savings and loans was] bound to produce looting. The regulators … who understood what was happening from the beginning found lukewarm support, at best, for their cause."
Faculty News

An interview with Nobel Laureate Prof. Michael Spence on the Greek fiscal crisis

CNBC logo
Excerpt from CNBC -- "Greece probably can be bailed out in terms of affordability on the fiscal debt. but they're 40% out of bounds in terms of being able to kind of grow the economy. they have huge trade deficit with the rest of europe. it's -- and they don't have the exchange rate. so it's very hard to see how you can keep greece in the euro zone and have them have a future."
Faculty News

An op-ed by Prof. Amity Shlaes on Halloween's recent surge in popularity

Excerpt from Bloomberg -- "No doubt about it, in many places Halloween reflects urban revival. It also reflects a cultural coming together ... There’s something unifying in the ghoulishness of the spaces between the teeth in the carved pumpkin’s grin." Additional coverage appeared in Bloomberg Businessweek and San Francisco Chronicle.

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