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Quote by Nouriel Roubini

“What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics.”

Quote by Nouriel Roubini

Author

Nouriel Roubini

Nouriel Roubini is a prominent economist recognized for his precise forecasts of the global financial crisis. He is a professor at New York University's Stern School of Business and has held various roles in government and academia. Roubini's research concentrates on global macroeconomics, international finance, and economic policy. more

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