Tag Archives: focal point

Sail Far and Wide from New York City

New York is a hub. This city has served as a focal point for so many things American, from fashion to publishing to bagels and so much more. Now the “city that never sleeps” is becoming a hub for cruise travel. You can now cruise around the world, right from New York.

Here are four major destinations that you can discover on a cruise from New York.

  • Europe – Set sail for a European adventure on a transatlantic cruise. This sailing has old world charm, as you cross the ocean like many immigrants did generations ago, to experience the new world and embark upon a new life. You can trace back your ancestor’s routes and see the precious places they came from. (more…)

Read More

Shiller Paper Cited As One of the Century’s Top Economic Articles

An article written by Robert J. Shiller, the Arthur M. Okun Professor of Economics, was recently named one of the “top 20” articles in the 100-year history of the American Economic Review (AER), the premier journal in the field of economics.

“Do Stock Prices Move Too Much to Be Justified by Subsequent Changes in Dividends?” was published in the June 1981 edition of the AER and became a focal point of debate and research over the question of whether changes in stock market prices are driven by rational expectations — what’s called the efficient markets hypothesis — or by other forces. (more…)

Read More