George Soros


George Soros is founder and chair of Soros Fund Management LLC and the Open Society Foundations. Born in Budapest in 1930, he survived the Nazi occupation during World War II and fled communist-dominated 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 the 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. The Open Society Foundations today operate in more than 100 countries, with annual expenditures of roughly $800 million, working to promote the values of open society, human rights, and transparency.

Soros is the author of over a dozen books, including The Tragedy of the European Union: Disintegration or Revival? (2014). His articles and essays on politics, society, and economics regularly appear in major newspapers and magazines around the world.

By this expert

George Soros's Speech at Opening Session - INET Berlin

News Apr 12, 2012

Soros’s remarks about the 2008 crash

Avoiding a Bleak Future for the Euro

News Dec 14, 2010

In a recent piece in the Financial Times, George Soros makes the case that, to avoid a bleak future for the euro and the European Union in general, Europe should take steps to recapitalize banks before bailing out member states. In the piece, Soros discusses issues that INET is very interested in exploring further, such as the idea that flaws in macroeconomic theory helped lead to the financial crisis of 2008.

George Soros: The Living History of the Last 30 years

Paper Conference paper | | Apr 2010

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.

Featuring this expert

The Efficiency of Markets

Article | Sep 30, 2015

A student of microeconomics learns that any competitive equilibrium leads to a Pareto efficient outcome (First Fundamental Theorem of Welfare Economics). What do we mean by the efficiency or inefficiency of markets?

Liberté, Égalité, Fragilité

Event Plenary | Apr 8–11, 2015

The Institute for New Economic Thinking held its sixth Annual Conference from April 8 to April 11, 2015, in collaboration with the Organization for Economic Cooperation and Development (OECD) in Paris.

Why We Need To Rethink Economics

Video | Jun 25, 2013

In this short interview, Institute co-founder George Soros tackles the question at the heart of the Institute’s mission: What’s wrong with economics and what can we do to change it?

I Have to Act Like an Adult in Hong Kong

Article | Apr 1, 2013

The INET conference in Hong Kong is serious business.