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piezoe
 

Registered: Jan 2006
Posts: 5057

 

10-18-12 04:06 PM

Achilles, go to Amazon and order "The Soros Lectures at the Central European University" it's only 119 pages. (I had to read the first chapter twice and some of the paragraphs multiple times.) But yes he gives specific examples. These lectures are also on You Tube , but you'll understand them far better if you read them.

My personal opinion of his contribution to what I suppose the economists would call "behavioral economics" is nothing short of brilliant . But frankly this is not the kind of stuff that will make points in the mainstream, academic economics community.

Soros is in a unique position having studied both economics and philosophy (Karl Popper) at the London School of economics. His training in Philosophy has enabled him to put forth his economic ideas with the kind of logical rigor that is necessary if they are going to be taken seriously. What I find most beautiful in this work of his is that what to me is common sense is at the same time Earth shattering in its importance to understanding financial markets and ultimately to Central Bank regulation.

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Humpy
 

Registered: Apr 2005
Posts: 2273

 

10-18-12 05:11 PM

Make sure the Fed Chairman is independent of the politicians - otherwise he is just their financial yes man and worthless, like poor Benny.

Fine those responsible for the financial meltdown - leave them owning $500, the clothes they stand up in and a public whipping. For too long the US has been over kind to the ruthless manipulators and fraudsters.

Reorganise teaching organisations to start up new businesses.

Pipe or canal water to the drought affected regions.

Cut red tape

Sack incompetents.

Cut costs

Put drugs on the same basis as alchohol.

Give the super rich a financial haircut.

Get rid of the nanny state

etc.

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