# Professor Paul Romer is interviewed about his role as World Bank Chief Economist

1 Faculty News October 24, 2016 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://blogs.wsj.com/economics/2016/10/24/how-paul-romer-is-already-stirring-the-pot-as-the-world-banks-new-chief-economist/) -- "Setting banks up in countries around the globe now would have them ready, Mr. [Romer](http://www.stern.nyu.edu/faculty/bio/paul-romer) said. 'If we get another financial crisis, which I think we probably will, a government like the U.K. or the U.S. would at least have the option to say, "We’ll just dump a bunch of equity into these existing shells."'"

[Read more](http://blogs.wsj.com/economics/2016/10/24/how-paul-romer-is-already-stirring-the-pot-as-the-world-banks-new-chief-economist/)