# Prof. Nouriel Roubini's comments on the art market are highlighted

1 Faculty News March 13, 2015 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025699.jpg?itok=5SpaxEbn)>

Except from [Financial Times](http://www.ft.com/intl/cms/s/0/3ac9560a-c991-11e4-a2d9-00144feab7de.html?siteedition=intl#axzz3UYSlpel4) -- "Art’s attractions as an asset class include its portability, lack of correlation with traditional investments and 'safe haven' characteristics. Some critics such as [Nouriel Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini), an economist who is himself an art collector, have said the market is also used for money laundering and tax evasion and have called on regulators to bring it to heel."

[Read more](http://www.ft.com/intl/cms/s/0/3ac9560a-c991-11e4-a2d9-00144feab7de.html?siteedition=intl#axzz3UYSlpel4)