Most economists, it seems, believe strongly in their own superior intelligence and take themselves far too seriously. In his open letter of 22 July 2001 to Joseph Stiglitz, Kenneth Rogoff identified this problem. “One of my favourite stories from that era is a lunch with you and our former colleague, Carl [...]
CNBC’s David Faber is reporting that Nouriel Roubini’s economic consulting firm is for sale.
RGE, as it’s known, has grown quickly since its founding by Roubini, who is its chairman. It has over 85 employees, and is still losing money.
According to people who have seen the offering book for the sale, the firm is [...]