George Soros “Economic Theory Has To Be Rethought From The Ground Up”

Posted on Posted in News, Radio Freedom News

Billionaire philanthropist and Democrat bankroller George Soros in a short (but telling) interview with the Institute for New Economic Thinking said we need to change the way we think about economic policy and start over again “from the ground-up.”

“Economic theory has to be rethought from the ground up, because the prevailing paradigm of the efficient-market hypothesis*, rational-choice theory**, has actually run into bankruptcy very similar to the bankruptcy of the global financial system after Lehman Brothers,” Soros said. Read More

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