Nouriel Roubini is a Persian American professor of economics at New York University’s Stern School of Business and chairman of Roubini Global Economics, an economic consultancy firm.
Roubini’s critical economic views have earned him the nicknames “Dr. Doom” and “permabear” in the media. In 2008, Fortune magazine wrote, “In 2005 Roubini said home prices were riding a speculative wave that would soon sink the economy. Back then the professor was called Cassandra. Now he’s a sage”.
The New York Times notes that he foresaw “homeowners defaulting on mortgages, trillions of dollars of mortgage-backed securities unraveling worldwide and the global financial system shuddering to a halt”. In September 2006, he warned a skeptical IMF that “the United States was likely to face a once-in-a-lifetime housing bust, an oil shock, sharply declining consumer confidence, and, ultimately, a deep recession”. Nobel laureate Paul Krugman adds that his once “seemingly outlandish” predictions have been matched “or even exceeded by reality.”
Books in order of publication:
1997: (with Alberto Alesina & Gerald D. Cohen) Political Cycles and the Macroeconomy, MIT Press
2004: (with Brad Setzer) Bailouts or Bail-ins? Responding to Financial Crises in Emerging Economies, Peterson Institute
2006: (editor with Marc Uzan) New International Financial Architecture, Edward Elgar Publishing
2010: Crisis Economics: A Crash Course in the Future of Finance, Penguin Press
2022: MegaThreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them, Little Brown