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Showing posts with label George Soros. Show all posts
Showing posts with label George Soros. Show all posts

Wednesday, March 10, 2010

Book: „The Soros Lectures at the Central European University" by George Soros

SOROS WOULD MAKE IT HARDER FOR PEOPLE LIKE HIM TO MAKE BILLIONS


By Mark Memmott

The man who famously "broke the Bank of England" in the early '90s by playing within the regulatory system of the time to make $1 billion as the pound sterling crumbled, continues to make the case for better regulations that would make it much harder for people like him to make so much money.


Billionaire George Soros has been advocating for, as he wrote recently at TheMotleyFool, regulations that are "international in scope."

In a conversation earlier today with Morning Edition co-host Steve Inskeep, readily admitted that "it would have denied me some opportunities for making money" if rules and regulations had been tighter over the years.
Soros has just published a new book, The Soros Lectures, which spells out his thinking on "finance, capitalism and open society." 

This video offers a taste of what those lectures were like: http://link.brightcove.com/services/player/bcpid1125995047?bctid=49755285001


Sources: 
here you can load the second lecture as well  which is named  "Financial Markets". This book  is published in 2010.

Friday, November 21, 2008

The Crisis & What to Do About It


REVIEW
Category:Other




Hay un interesantísimo artículo en The New York Review of Books
Volume 55, Number 19 · December 4, 2008 Link: http://www.nybooks.com/articles/22113




By George Soros

"The salient feature of the current financial crisis is that it was not caused by some external shock like OPEC raising the price of oil or a particular country or financial institution defaulting. The crisis was generated by the financial system itself. This fact—that the defect was inherent in the system —contradicts the prevailing theory, which holds that financial markets tend toward equilibrium and that deviations from the equilibrium either occur in a random manner or are caused by some sudden external event to which markets have difficulty adjusting. The severity and amplitude of the crisis provides convincing evidence that there is something fundamentally wrong with this prevailing theory and with the approach to market regulation that has gone with it. To understand what has happened, and what should be done to avoid such a catastrophic crisis in the future, will require a new way of thinking about how markets work."


Foto: Tunez  ©M.B. de A.