George Soros: the credit crisis of 2008

By Edward Harrison On Sep 11, 2008

George Soros recently released an interesting book called “The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means.” The book critiques the new ‘efficient markets’ paradigm that has come to both control the financial marketplace and take a predominant place in economics departments at schools of higher learning. It should make for good reading.

Below is a good video, about an hour in length, of Soros at his Alma Mater, the London School of Economics, explaining in full detail his theory of why the financial markets are in crisis and what can be done to alleviate the problem. (hat tip: Börsennotizbuch)

Enjoy!

Source
LSE Live: LSE Public Lectures and Events – London School of Economics

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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