S. economy". Soros decided to put aside tending to the Quantum day by day in 1989, but is still consulted on major trades and is one of three supervisors of Soros Fund Management, which is the firm in New York that oversees Quantum and his other funs. .
In another interview with Wien he says that the thing that makes George different is that wealth is not his objective in life. That is absolutely key. Wien says that it is the intellectual excitement of the challenge the appeals to Soros. Once Soros has the money, Wien says he uses it in constructive ways and not hastily and irresponsibly. Soros gives away about $300-million dollars a year, even if he had a bad year.
Soros's basic ideas are of free speech and democracy all across Eastern Europe and the former Soviet Union, through a system of cultural foundations called Open Society Institutes. Although Soros's aspirations are beneficial to individuals all around, they aren't always applauded. Unfortunately, Soros has been accused everything from an agent of international Jewish capitalist conspirator to a Communist collaborator. Also, in the United States, Soros is always debatable. Soros agrees with causes like drug law liberalization and abortion. In addition, he has set up the "Project on Death", a research program on attitudes and death and dying. The article Soros wrote in "Atlantic Monthly" was quite possibly his most controversial venture to date. The article, which was called The Capitalist Threat, has Soros completely assaulting economic rationalism. Soros says that the worship of market forces by the world's policy makers has become a particularly dangerous dogma. Many people felt that Soros was insane for saying something like this, but one man who takes Soros seriously is John Gray, Gray is one of Britain's most prominent political philosophers and was once a strong supporter of Margaret Thatcher. He has now become a critic of economic rationalism.
George Soros once stated something along this state of mind, "Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes." ... This extends what George Soros is saying by further explaining the severity of not leaning from your mistakes, in an extreme sense, but with a signficance. ...
The numerous nonprofit foundations created by the philanthropist George Soros are linked together in an informal network known as the Soros foundation network. www.soros.org is the website for Soros Foundation Network, which is dedicated to building Open Societies around the world. This site is expansively covered with information about the network and Soros himself, network programs, U.S programs, idea of Open Society, initiatives, annual report and many mo...
Above all, the result from George Soros as the culprit externally, and inadequate banking supervision leading to inefficient credit allocation internally were the main reasons for the crisis. Myung Soo Cha, the economist of Korea says, 'the first view (a conspiracy theory of George Soros) has difficulty in explaining why hedge funds did not attack either Taiwan or Singapore. ...
Globalisation The word globalisation has become a buzzword since its inception at the beginning of the 1990s. A cottage industry on globalisation has emerged from which academics and intellectuals make a living by writing articles and travelling the world debating with others. The financial and business sections of broadsheet newspapers are continuously littered with issues concerning globalisation and meetings are frequently held by the superpowers to discuss the state of the global economy, such as the meetings in Doha in Qatar, Cancun in Mexico and the IMF summit in Dubai. As a result of...
benefits and threats of globalisation Introduction There are processes in the international order--driven by revolutions in communication and information technology--that exhibit seemingly inexorable globalising tendencies while, at the same time, there are a range of actions, adopted by states and non state actors alike, that attempt to resist these often ill defined phenomena captured by the all embracing notion of 'globalisation'. For example, the long term tendency towards freer trade, electronic commerce and the seemingly uncontrollable power of deregulated capital markets do...