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The Amazon Store at MillionDollarPetPix.com ( In association with Amazon.com )The New Paradigm for Financial Markets: The Credit Crash of 2008 and What It Meansby: George Soros List Price: $13.95 Amazon.com's Price: $11.16 You Save: $2.79 (20%)Prices subject to change. Availability: Not yet published
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Binding: PaperbackDewey Decimal Number: 332 EAN: 9781586486990 Edition: Reprint ISBN: 1586486993 Label: PublicAffairs Manufacturer: PublicAffairs Number Of Items: 1 Number Of Pages: 208 Publication Date: May 11, 2009 Publisher: PublicAffairs Release Date: May 11, 2009 Studio: PublicAffairs Related Items:
Browse for similar items by category: Click to Display Editorial Review: Product Description: In the midst of the most serious financial upheaval since the Great Depression, legendary financier George Soros explores the origins of the crisis and its implications for the future.George Soros, whose breadth of experience in financial markets is unrivalled, places the current crisis in the context of decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity. 'This is a once in a lifetime moment', writes Soros in characterizing the scale of financial distress spreading across Wall Street and other financial centres around the world. In a concise essay that combines practical insight with philosophical depth, Soros makes an invaluable contribution to our understanding of the great credit crisis and its implications for the world. Average Rating:
![]() Rating: - Soros mixes recent history and economic philosophy.This book is short, to the point, and easy to read. I strongly recommend the book to anybody who wants to understand the current economy or anybody with a passing interest in economics. This makes a GREAT gift for a friend who constantly preaches total abiding faith in economic forces. This book gently demonstrates a few problems with that philosophy. Soros gives a brief account of economic history beginning with the repeal of the gold standard in 1972. He believes that the dominant ... Read More Rating: - Mr. Soros tries prove something - what?OK, let me state first - who is Mr. Soros and who's me - to make a critics there. But. I was hesitating to write this, but I truly want, that if you are reading this review, you are making the decision, whether to get the book on your shelf or no. 1. I had read a lot of books, will read more, but such an EGO driven book is a one I face first time. Mr. Soros is trying to prove something to someone. Me, my, I, me, my father, I, me, us........... It's like a da ja vu, once you are at the end ... Read More Rating: - RealityAfter reading George Soros' book, The New Paradigm for Financial Markets, I can imagine him tracking us down, asking, "Can you hear me now?" Much of this new book revisits and explains again his earlier work, The Alchemy of Finance, and his theory of reflexivity. Under his theory, there is constant interaction between the objective dimension of cognitive analysis, and the subjective component of trying to beat other investors by taking particular actions. In both books he makes the case for imperfect ... Read More Rating: - The ramblings of an old man who was once releventThis book's point could have been made in one paragraph on a BLOG. The rest of the book is a waste of cellulose fibers. Soros is a brilliant investor who has an interesting theory that markets do not tend to equilibrium but are significantly effected by human emotion. Thus there is a bubble effect. There ya go - save your money for the book. The rest is just ramblings. If he were to do any real analysis it would have been worth the time to read. It would be interesting to bring Milton Friedman ... Read More Rating: - Let Soros's words speak for themselves...I believe this quote from Ch. 8 expresses what Soros really thinks, as opposed to the many subtle to blatant distortions of some of the reviewers: "Clearly an unleashed and unhinged financial industry is wreaking havoc with the economy. It needs to be reined in. Credit creation is by its nature a reflexive process. It needs to be regulated to prevent excess. We must remember, however, that regulators are not only human but also bureaucratic. Going overboard with regulations could severely impede ... Read More
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