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newsweek.com - 28 days ago

Converting the Preachers

— newsweek.com — "Large swaths of economics are going to have to be rethought on the basis of what's happened." So said Larry Summers, President Obama's chief economic adviser, in an interview in the weeks after the markets crashed a year ago . Yet to a remarkable ... (more) Converting the Preachers

Michael Rothschild

George Soros

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ft.com - 30 days ago

Transcript: George Soros interview

— ft.com — Published: October 23 2009 23:32 | Last updated: October 23 2009 23:32 Chrystia Freeland, US managing editor, interviewed George Soros , the fund manager, about the state of the world economy, relations between the US and China, his investment ... (more) Transcript: George Soros interview

Stocks

George Soros

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youtube.com - 29 days ago

Soros: China Must Be Part Of The New World Order (video)

— youtube.com — October 23 2009 full vid can be found herehttp://tinyurl.com/sorosisscumIn a recent interview Soros spills the beans, talks about the new world order and des... (more) Soros: China Must Be Part Of The New World Order (video)

George Soros

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Blog Reactions

The Austrian Economists:  What is Wrong With This Picture? Soros pledges $50million to fund new economic think tank in Hungary

Cafe Hayek:  Economists’ Views

The Angry Economist:  George Soros' think tank

Reactions

Soros creates an economics think-tank to debunk “a dogma whose time has passed” and reconceive the field of economics. http://bit.ly/4249kc 22 days ago

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What is Wrong With This Picture? Soros pledges $50million to fund new economic think tank in Hungary
The Austrian Economists — ... George Soros can spend his money any way he pleases.  He earned it.  But he insists that economic theory and policy must be rethought. He is certainly entitled to his opinion, and I also agree with him that we need to re-examine economic theory and public policy.  His new think tank is going to be named the Institute for New Economic Thinking, and it is intended to challenge current teaching in economics as a "dogma whose time has passed." ...

Economists’ Views
Cafe Hayek — ... Sir, You report (October 27) that George Soros is committing $50m to start a new think-tank whose purpose will be to displace what he considers (as you summarise it) “the unwavering belief in unchecked free markets, which remains pervasive in universities”. Or, to quote Mr Soros directly: “The ideologists in the free markets are still in command and I think they’ll be very difficult to remove because they have tenure.” ...

George Soros' think tank
The Angry Economist — ... There is a major flaw in Soros' justification for spending $50m on a new think-tank. He derides "unchecked free markets" when in fact no such thing exists. You either have free markets checked by customer behavior, or you have markets which have been hampered by government action so producers are free to ignore customer behavior. An unchecked free market is an oxymoron. ...