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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: Haim R. Branisteanu who wrote (38902)	8/18/2008 9:08:07 AM
From: elmatador	Read Replies (2) of 217854

Why Rogers and Roubini saw the light? Doing what Elmat does. Looking where no one was looking before. While learning and analyzing seating in a library gives people a view of the world, nothing beats looking closely in the world out there. Roubini’s work was distinguished not only by his conclusions but also by his approach. By making extensive use of transnational comparisons and historical analogies, he was employing a subjective, nontechnical framework, the sort embraced by popular economists like the Times Op-Ed columnist Paul Krugman and Joseph Stiglitz in order to reach a nonacademic audience. Roubini takes pains to note that he remains a rigorous scholarly economist — “When I weigh evidence,” he told me, “I’m drawing on 20 years of accumulated experience using models” — but his approach is not the contemporary scholarly ideal in which an economist builds a model in order to constrain his subjective impressions and abide by a discrete set of data. As Shiller told me, “Nouriel has a different way of seeing things than most economists: he gets into everything.” nytimes.com Elmat draws from 25 years experience working and living abroad. Those guys started today, they still have a few things to learn...

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