iOS app Android app

Steven Strauss
Steven Strauss is the John L. Weinberg/Goldman Sachs & Co. Visiting Professor at Princeton University's Woodrow Wilson School and an Adjunct Lecturer in Public Policy at the Harvard Kennedy School. He is a leading expert on strategy in the public and private sectors, having worked on projects in the United States, Europe, the Middle East and Asia on topics such as: Economic Development, Financial Services Reform, Health Systems Reform, Higher Education Reform, and Investment and Risk Management (including work for one of the world's largest sovereign wealth funds). Strauss is a frequent contributor at: BusinessInsider, EconoMonitor, The Huffington Post, and Project-Syndicate. For 2012, he was an Advanced Leadership Fellow at Harvard University. In 2010, along with Mayor Michael R. Bloomberg and other prominent New Yorkers, Strauss was selected by BusinessInsider for the Silicon Alley 100.

Immediately prior to Harvard, Strauss was the Managing Director in charge of the Center for Economic Transformation for the Bloomberg administration in NYC, and was responsible for NYC's strategic reviews of its major private sector industries (e.g., Financial Services.NYC.2020, Media.NYC.2020, Fashion.NYC.2020, EducationTechnology.NYC.2020, NYCEDC Innovation Index). Culminating in the NYC Game Changers initiative, this work identified major strategic moves for NYC's economic development, including a recommendation that NYC focus on higher-growth knowledge-based industries. Strauss' work resulted in numerous initiatives, including: Applied Sciences NYC (Mayor Bloombergs new engineering campus in NYC), General Assembly (an innovation campus in Manhattan's Flatiron District), the 160 Varick Street Incubator (in partnership with Trinity Realty and NYU-Poly), the NYC NextIdea Business Plan Competition, NYC BigApps, Hive@55, NYC Media Lab, and the NYC Entrepreneurial Fund.

Immediately prior to his role with NYC, Strauss was with the World Economic Forum and McKinsey & Company. Strauss was responsible for the Forums inaugural Financial Development Index, a comprehensive look at global financial systems, and co-authored the Forums report on the Convergence of Insurance with Capital Markets. From 1980 to 1996, Strauss held progressively more senior positions in the financial services industry at various firms.

Strauss graduated from NYU with a BA in 1980 and earned a Ph.D. in Management from Yale University in 2002.

Entries by Steven Strauss

The End of the American Middle Class?

(17) Comments | Posted January 4, 2015 | 11:01 PM

Are we destined to be techno-serfs serving a ruling elite of information oligopolies?

In the brave new world envisioned by pundits, we will all be micro-entrepreneurs with personal brands -- each of us controlling our own destiny, selling our services into digitally enabled markets. Traditional employers and...

Read Post

As Bricks and Clicks Merge, Geeks Are Discovering Politics

(0) Comments | Posted November 28, 2014 | 11:16 AM

As with the first industrial revolution, the merger of Clicks and Bricks forces us to ask: Which laws need to be updated, which are just irrelevant, and which are barriers to entry created by special interests? Best placed to help our internet billionaires contribute to this important project are --...

Read Post

A claustrofóbica aldeia digital

(0) Comments | Posted May 14, 2014 | 11:00 AM

A privacidade no futuro vai se parecer com a de uma pequena aldeia. Assim como em qualquer comunidade pequena, a discordância da sabedoria convencional predominante será fácil de se localizar e punir. Bem-vindo ao mundo da conformidade social imposta por hashtags.

Segundo Eric Schmidt, presidente-executivo da Google, em...

Read Post

The Claustrophobic Digital Village

(1) Comments | Posted May 3, 2014 | 6:06 PM

Privacy in the future will resemble that in a small village. As with any small community, dissent from the prevailing conventional wisdom will be easy to spot and punish. Welcome to the world of social conformity enforced by hashtags.

According to Eric Schmidt (Executive Chairman of Google),...

Read Post

America as a Tale of Two Neighborhoods

(0) Comments | Posted April 28, 2014 | 12:58 PM

Welcome to what Arianna Huffington has aptly called Third World America -- we'd expect riots and revolution in any foreign city with NYC's level of economic and racial segregation.

Both the affluent and the impoverished in NYC can ride the same mass transit system (AKA the subway)...

Read Post

Woody Allen and Honoring Only the "Unimpeachably Honorable"

(8) Comments | Posted February 16, 2014 | 5:14 PM

Woody Allen recently received a Golden Globe lifetime achievement award for his work in films. Nick Kristof (citing allegations by his friends, the Farrow family, that Allen is a child molester) insists Mr. Allen's contributions to film shouldn't have been recognized -- because honors should only go to the "

Read Post

Why Do U.S. Politicians Meet With 'Criminal' Entities in Switzerland?

(8) Comments | Posted January 12, 2014 | 9:09 PM

In late January, the world's political elite will meet privately for off-the-record discussions with high-ranking representatives of the world's leading corporations, at the World Economic Forum ("Forum")'s Annual Meeting in Davos, Switzerland. These corporations (called Partners by the Forum), pay the expenses for the event, set the Meeting's...

Read Post

The Edamame Economy or Just Conspicuous Consumption?

(4) Comments | Posted January 8, 2014 | 9:30 PM

According to David Brooks in his op-ed "The Edamame Economy" (all quotations are from the Brooks piece unless otherwise indicated), we've shifted from "the lima bean economy to the edamame economy." Brooks views this shift as a cause for celebration, because the edamame economy makes us...

Read Post

'Welcome' to the Sharing Economy -- Also Known as the Collapse of the American Dream

(303) Comments | Posted December 29, 2013 | 7:05 PM

Your opportunity to be a "micro-entrepreneur": By cleaning other people's homes or renting out your spare room.

Thomas Friedman, and others, have recently extolled the virtues of the sharing economy (see "Welcome to the Sharing Economy," or "How to Monetize Your Closet"). At the risk...

Read Post

Is Economics a Religion?

(61) Comments | Posted December 8, 2013 | 5:30 PM

Economics(1) has many attributes of a religion: Its high priests argue about arcane minutia, offer prophecies which don't come to pass, and taking them seriously requires a leap of faith.

Any serious politician requires an economic shaman -- preferably one with an exalted academic position and a talent for...

Read Post

@JohnBoehner -- Why Is a Recently Convicted Cocaine User Serving in the U.S. Congress?

(149) Comments | Posted December 1, 2013 | 1:10 PM

"Our taxpayers don't want to subsidize somebody's drug addiction." - Governor Scott (R-Florida). Unless, of course, that somebody is U.S. House of Representatives member Trey Radel (R-Florida) who was recently convicted of cocaine possession and is on one year probation. In his case, the Congressional GOP...

Read Post

Israel Has Reached Childhood's End -- It's Time to End U.S. Aid to Israel

(322) Comments | Posted November 10, 2013 | 4:47 PM

"I believe that we can now say that Israel has reached childhood's end, that it has matured enough to begin approaching a state of self-reliance ... We are going to achieve economic independence [from the United States]." Israeli Prime Minister Benjamin Netanyahu to a Joint Session of the United States...
Read Post

If 'Stop and Frisk' Is Such an Effective Tactic, Why Not Use an Electronic Version on Potentially Corrupt Bank CEOs?

(0) Comments | Posted November 3, 2013 | 8:48 PM

Stop and Frisk is the police tactic whereby persons arousing police suspicions are stopped, questioned, searched for weapons and contraband, and arrested if any are found. Supporters of Stop and Frisk claim this tactic has reduced crime. So why not implement an electronic version to reduce crime by...

Read Post

Is Support for the Norquist Pledge Bad for Your Health?

(65) Comments | Posted October 13, 2013 | 3:01 PM

If you live in a state with high support for the Norquist Pledge, you have (on average) a lower life expectancy.

Residents of the 10 American states with highest support for the Norquist Pledge have shorter life expectancies than those in the 10 states with least support for the Pledge....

Read Post

Three Scenarios for Syria After a Limited American Strike

(171) Comments | Posted September 1, 2013 | 4:25 PM

"... History says, Don't hope on this side of the grave..." -Seamus Heaney

Mr. Heaney's words are appropriate for this foul situation. I see nothing to be hopeful about in Syria. Whatever happens, the Syrian people will face further torment.

President Obama's proposed limited air...

Read Post

Why Not Drug Test U.S. Farmers Who Receive Federal Aid?

(72) Comments | Posted June 30, 2013 | 11:16 PM

If not, then why impose drug tests on food stamp recipients?

H.L. Mencken observed "If a politician found he had cannibals among his constituents, he would promise them missionaries for dinner." Mencken's spirit, in the Valhalla of political commentators, must be grinning ear to ear.


Read Post

Why Let a Bank Write U.S. Financial Reform Legislation?

(355) Comments | Posted June 16, 2013 | 4:49 PM

Particularly when that bank has a history of involvement with fraud and mismanagement.

The proper level of financial regulation is a complex topic, about which people can have honest differences. But, reasonable people would agree that a bank having a history of involvement with fraud and mismanagement (and...

Read Post

Managing Innovation

(10) Comments | Posted June 2, 2013 | 2:12 PM

Begin by Defining Outcomes, Outputs and Inputs

Innovation is the buzz word du jour. Each year, vast piles of PowerPoint handouts are distributed to cultivate and fertilize innovation -- many containing concepts (figuratively speaking) with the aroma of manure. Innovation is difficult, but presenting it as an obscure unmeasurable...

Read Post

Are Some Americans Too Powerful to Make Fun of?

(70) Comments | Posted May 19, 2013 | 6:14 PM

In April 2013, Stephen Colbert interviewed former President William Jefferson Clinton. It would be difficult to imagine a more flattering interview, unless scripted by Clinton's own press people (upon reflection -- perhaps it was).

For those not familiar with The Colbert Report, Stephen Colbert (masquerading as a right-wing political commentator)...

Read Post

Preparing to Live in That Unknown Country: The Future

(70) Comments | Posted May 12, 2013 | 4:26 PM

New York Ideas 2013 -- Some Reflections

The recent New York Ideas 2013 conference, sponsored by The Aspen Institute and The Atlantic Magazine, brought together about 600 New York and national thought leaders.

Among the many participants were people such as: Robert K. Steel (NYC Deputy Mayor for...

Read Post