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Posts published in “Issue 1: February 2020”

Recap on “Medicare for All Debate”

By Aditi Thakur

With the 2020 elections approaching quickly, Medicare for All is once again at the forefront of intense debate. Sharp divisions exist not only along party lines, but also within parties themselves, as the progressive and moderate wings find themselves debating the merits of a complete overhaul or a more gradual transition to single payer healthcare. As with most hot-button topics, the Medicare debate has, unfortunately, devolved into a partisan issue with a lack of substantive debate about its economic and policy nuances. 

The Adam Smith Society, or SmithSoc, is a national chapter-based network of MBA students that facilitates nonpartisan discussion and debate of pressing economic and public policy issues.…

Taiwan 2020 Election: Tsai Wins Re-Election in Resounding Fashion

On January 11, 2020, incumbent President Tsai Ing-Wen was reelected as president of Taiwan. In a landslide victory, Tsai secured over 57% of the ballot with 8.2 million votes, the largest vote total for a candidate since the island held its first direct presidential election in 1996. Tsai’s party, the Democratic Progressive Party (DPP), also won a majority of seats (61) in the Legislative Yuan.

Few would have expected these results less than a year ago. In November 2018, Tsai and the DPP suffered massive defeats in the midterm elections as domestic issues like necessary, but ill-received pension reforms and wage stagnation led to a decline in her popularity.…

Kansas City Finally Gets its Day?

Do you like football? I like football. 

Even if you don’t, statistically speaking, if you live in the United States there’s roughly a 1-in-3 chance you watched the Super Bowl last weekend, and boy was it a doozy. Some of you may not have noticed it if you were only in it for the commercials or, like the friends I watched with, continually confused Jimmy Garoppolo with Janeane Garofalo. That’s fine. But if that’s the case, it’s also possible you didn’t notice Pat Mahomes, the Kansas City Chiefs’ quarterback phenom, engineering a frenetic late-game comeback. Mahomes led the Chiefs to three touchdown drives in the game’s final eight minutes, erasing a double-digit deficit and ruining the night for dozens of sportswriters on deadline.…

DBi South Africa January 2020: Economic Opportunity in Africa and What We Owe to Each Other

By Gage Kaefring

Stepping off the 16 hour flight from Newark to Cape Town, I was woefully ignorant of the situation that gripped South Africa. I had read (some) of the pre-reading assigned to us for the course and I knew of the oppressive apartheid regime that had controlled the country before the early 1990s, but I had no true concept of the ripple effects created by that regime and the real human toll on those still dealing with the aftermath. Of course, logically, I should have realized that a system so oppressive and long would take many generations to reverse but I had not, for whatever reason, really considered the implications.…

DBi Mexico January 2020: Fun and Learning South of the Border

By Scott Schreiber

The first thing I noticed when stepping off the plane to Mexico City in the beginning of January was the weather. Having traveled south from a frigid New York winter’s night, arriving in the sunny streets of Mexico was like stepping into summertime. Still wearing my winter coat and having just met up with one of my future classmates, we waited for an Uber to take us 15 kilometers into the heart of Mexico City, and into a week of nonstop adventure, learning, and fun!

The 16 students who signed up for DBi Mexico were truly stepping into the unknown.…

DBi Australia January 2020: Outside of the Classroom and into Outback

By Jessica Wong 

This January, 39 Sternies visited “the land down under” to learn more about doing business in Australia via in-class sessions and experiential activities in and around Sydney. This 3-credit course was partnered with the business school at the University of New South Wales (UNSW), was led by local Professor Christopher Jackson, and supported by Lisa Barrett (UNSW) and Kristin Fast (NYU). 

In this compressed two-week course, students visited local companies, such as Qantas Airways and Canva; learned about aboriginal culture and history; and tasted Australian dishes, ranging from kangaroo to crocodile. The Qantas Airways’ visit included an overview of the business and discussion about “Project Sunrise”, the company’s planned 19 hour direct flight from Sydney to New York that was trialed in late 2019.…

DBi Costa Rica January 2020: Sustainability & Culture Soaking in Central America

By Eric Bauer

In January, I had the privilege of joining 37 of my classmates on a trip to Costa Rica through Stern’s ‘Doing Business in’ (DBi) course. It was my first time to ever visit the country, and the curriculum, learnings, and fun that was had, made for a memorable trip.

The week started once I arrived at the InterContinental hotel in San Jose, where I was greeted by some of my closest friends and classmates. We relaxed during the first night over some drinks, caught up on how our holidays were, and rested before our early morning bus ride to INCAE Business School the next day.…

An Interview with Steve Cyr: Vegas’s Super Host

Steve Cyr was a midwestern boy with big dreams. He originally moved from Salina, Kansas to Las Vegas to attend UNLV for hotel management. However, after experiencing the glitz and excitement of casino life, he pivoted towards casino marketing as a host. 

This is not the type of marketing we are learning in the classroom at Stern though. Mr. Cyr’s focus was hunting for big whales through sometimes unorthodox means. “Whales” are high-rolling gamblers. These men and women are betting anywhere from $500,000 to $3-4 million during a single casino visit. One night of these whales winning can crush a casino’s quarterly profits, but this is not typically the case since the casino has the house advantage.…

DBi Israel January 2020: Lectures, Cultural Visits, and Hummus

By Alyssa Wypychoski

It was Saturday night in Tel Aviv and forty Sternies crowded around the Renaissance hotel lobby bar for the Welcome Happy Hour. Some had just arrived straight from the airport, others spent the day wandering the city and beach; everyone excited for the upcoming two weeks in Israel. With an early start Sunday morning, the group hopped on the bus to meet our wonderful university hosts, Hila, Idit, and Inna, and driver, Avner. 

Our first day at Tel Aviv University (TAU) included a program inauguration, an “Israel at a Glance” course with Professor Uriya Shavit, and an onsite museum tour; Museum of the Jewish People at Beit Hatfutsot.…

From the Editor: February 2020

It is with great pride that I take on the role of editor-in-chief of our favorite (and, for that matter, only) school newspaper. The Oppy took a little hiatus, but with a new decade comes new staff hoping to give you the same great paper. The Oppy has been the voice of the Stern MBA community for 55 volumes and that is going to continue with No. 56. This paper has seen many an MBA class come and go, and witnessed some of Stern’s most notable alumni. Whether you are just getting settled in for the start of your MBA journey or starting the final countdown to your last step out KMC’s revolving door, I hope you find The Oppy a valuable part of your time here.…

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