George Soros: the credit crisis of 2008

| 11 September 2008 10:00

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

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill 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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