Profile of Morgan Kelly
This post was written by Karl Whelan
Today’s Irish Times has a profile of Morgan Kelly. As is appropriate for someone who was correct in predicting the house price crash and its consequences for our banking system, the article is very positive.
The implicit comparison in the first sentence with Nouriel Roubini is interesting. My sense of Roubini is that while his predictions of doom were less accurate than Morgan’s (I seem to recall Roubini being very focused for a long time on a dollar crisis as the source of the impending doom) he gets far more respect in the US than Morgan does here. For instance, it’s hard to imagine representatives of the US press going to policy conferences and declaring that Roubini should not be allowed speak at such gatherings.