CRISIS breeds opportunity, as the bottom-fishers starting to circle beaten-up mortgage bonds and leveraged loans can attest. For George Soros it offers a chance of a different sort: to revive his favourite intellectual theory. In his latest book, “The New Paradigm for Financial Markets”, published on April 3rd, he sets out to illuminate the credit crunch through the prism of “reflexivity.”
Quoted: Pondering the crisis, and peddling a new paradigm
Quoted: A panel discussion with economists Joseph Stiglitz and Linda Bilmes regarding their new book, "The Three Trillion Dollar War: The True Cost of the Iraq Conflict."
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