There is a major flaw in Soros’ justification for spending $50m on a new think-tank. He derides “unchecked free markets” when in fact no such thing exists. You either have free markets checked by customer behavior, or you have markets which have been hampered by government action so producers are free to ignore customer behavior. An unchecked free market is an oxymoron.
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Thanks for the link, Russ.
Soros is one of the leading arrogant billionaire socialist hypocrites. He is helping to lead the charge to global socialist government and is seeking influential sycophants to justify his position. Stiglitz is a member of the Socialist International Commission on Global financial issues. The rest are all prominet anticapitalist demogogues. What can you expect from the Harvard and Columbia Economics Departments.