Nouriel Roubini has called the economic crisis rather well. He gas gone on to turn success at RGE into an "economic brand". The Institutional Investor has an 8-page article on How Nouriel Roubini Became a Research Brand.

The article also notes that Roubini has been in the inner economic circles at the World Economic Forum at Davos, the Council on Foreign Relations, and the U.S. Congress.

Roubinbi served as a senior economist for international affairs at the Council of Economic Advisers, under the Clinton administration, and he spent a year working as lead adviser to Timothy Geithner, who was then undersecretary for international affairs.

World Grateful for Roubini's Exit from Public Policy

Roubini describes the experience under Geithner as "one of the most fascinating periods of his career, but he wasn’t prepared to give up academia for a life in public policy."

The world can be grateful for Roubini's exit from public policy. If only he would give up his academic wonderland theories as well.

As right as Roubini has been on the economy, he has been equally if not more wrong on what to do about it.

Central bank manipulations, bailouts, and Keynesian claptrap are not cures for the global economy as Pater Tenebrarum describes in One of the Biggest Stock Market Collapses in History

Back when central banks were put in charge of manipulating interest rates and the money supply, one of the arguments forwarded by the supporters of central banking and fiat money was that a 'flexible currency' would allow the planners to avoid precisely what has now happened in Athens. We note that they weren't able to avoid a similar outcome in the early 1930's either, but that hasn't kept the supporters of the central bank-led fiat money system from continuing to claim that it is superior to a market chosen money the supply of which can not be manipulated by central planning agencies.

One recent example for this conceit has been provided by Nouriel Roubini, a prominent proponent of interventionism, who said last November in Here's Why a Gold Standard Won't Work "A gold standard would just make business cycles more extreme."

Roubini has it of course exactly the wrong way around. We sure wouldn't want to employ him as a stable boy – the cart would always end up being put in front of the horse.

What exacerbates business cycle