George Soros

Soros Fund Management LLC

George Soros is Chair of Soros Fund Management LLC and the Founder of the Open Society Institute. He was born in Budapest in 1930. He survived the Nazi occupation and fled communist Hungary in 1947 for England, where he graduated from the London School of Economics. He then settled in the United States, where he accumulated a large fortune through an international investment fund he founded and managed. Soros has been active as a philanthropist since 1979, when he began providing funds to help black students attend Cape Town University in apartheid South Africa. He has established a network of philanthropic organizations active in more than 50 countries around the world. These organizations are dedicated to promoting the values of democracy and an open society. The foundation network spends about $450 million annually. Soros is the author of eleven books, including most recently The Soros Lectures at the Central European University. His articles and essays on politics, society, and economics regularly appear in major newspapers and magazines around the world. 

My Additional Content

Paper given at the Conference @ King's, April 8th-11th, 2010.

My Video Content

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The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 1: The Living History of the Last 30 years: Economic Theory, Politics and Policy. Economic theory has modeled itself on theoretical physics. It has sought to establish timelessly valid laws that govern economic behavior and can be used reversibly both to explain and to predict events.

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In this video, INET's founding sponsor George Soros and executive director Rob Johnson explain INET and its mission to a Reuters reporter

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George Soros contrasted the views of financial regulation of Alan Greenspan (markets have become so complex that regulation is likely to do harm) and Barney Frank (markets can cause so much harm that we cannot afford not to regulate). He found that European policies on sovereign debt to date are not workable and that they protect the banks but threaten a two speed Europe. He noted the emergence of two competing currency systems, one based on the Washington Consensus and the other China’s two tier system.

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Gillian Tett, US Managing Editor of the Financial Times, moderates the discussion between Paul Volcker and George Soros. Bretton Woods closing remarks by Robert Johnson.