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Quote by Nouriel Roubini

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Nouriel Roubini
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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“A new world of complex relationships and feelings opens up when the peer group takes its place alongside the family as the emotional focus of the child's life. Early peer relationships contribute significantly to the child's ability to participate in a group (and in that sense, society), deal with competition and disappointment, enjoy the intimacy of friendships, and intuitively understand social relationships as they play out at school, in the neighborhood, and later in the workplace and adult family.”

“Parents are led to believe that they must be consistent, that is, always respond to the same issue the same way. Consistency is good up to a point but your child also needs to understand context and subtlety . . . much of adult life is governed by context: what is appropriate in one setting is not appropriate in another; the way something is said may be more important than what is said. . . .”

“To be motivated to sit at home and study, instead of going out and playing, children need a sense of themselves over time--they need to be able to picture themselves in the future.... If they can't, then they're simply reacting to daily events, responding to the needs of the moment--for pleasure, for affiliation, for acceptance.”

“Researchers and biotech executives foresee the day when the effects of many catastrophic diseases can be reversed. The damaged brains of Alzheimer's disease patients may be restored. Severed spinal cords may be rejoined. Damaged organs may be rebuilt. Stem cells provide hope that this dream will become a reality.”