The New Paradigm for Financial Markets

Dear Colleague,

I wanted to let you know that my new book, The New Paradigm for Financial Markets is now available in hardcover.

In this book I offer my view that the current financial crisis is unparalleled in our history. As I say in the introduction:

To understand what is going on we need a new paradigm. The currently prevailing paradigm, namely that financial markets tend towards equilibrium, is both false and misleading; our current troubles can be largely attributed to the fact that the international financial system has been developed on the basis of that paradigm.

The new paradigm I am proposing is not confined to the financial markets. It deals with the relationship between thinking and reality, and it claims that misconceptions and misinterpretations play a major role in shaping the course of history.

Since the release of my book, I have been conducting interviews in the financial and main stream press. I invite you to visit www.georgesoros.com/interviews to listen to and watch these interviews some of which are highlighted below.

 NPR Morning Edition: Financial Crisis Stems from 'Super-Bubble'

 TheStreet.com: Soros Breaks Down BSC, Bernanke

 Charlie Rose: A Conversation with George Soros


Finally I want to let you know that I will be discussing my book with Howard Davies, the Director of the London School of Economics and Political Science next Wednesday the 21st. This Forum, The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means will be available via simulcast on GeorgeSoros.com May 21st starting at 12 noon eastern standard time.

Please check the site for more details.


Thank you for your interest,

George Soros

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