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The people currently in charge have forgotten the first principle of an open society, namely that we may be wrong and that there has to be free discussion. That it's possible to be opposed to the policies without being unpatriotic.
George Soros
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George Soros
Age: 94
Born: 1930
Born: August 12
Banker
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Philanthropist
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Buda Pest
György Schwartz
György Soros
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More quotes by George Soros
As a society we can't live without moral considerations. We do have to protect the public good. And markets are not designed to do that, so we need a political process.
George Soros
Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
George Soros
As an anonymous participant in financial markets, I never had to weigh the social consequences of my actions ... I felt justified in ignoring them on the grounds that I was playing by the rules.
George Soros
The hardest thing to judge is what level of risk is safe.
George Soros
The sovereignty of states must be subordinated to international law and international institutions.
George Soros
Everything adds up to a major crisis. Humanity is faced with a global energy crisis ... The core of the crisis lies in the increasing shortage of oil.
George Soros
As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.
George Soros
The only thing that could hurt me is if my success encouraged me to return to my childhood fantasies of omnipotence - but that is not likely to happen as long as I remain engaged in the financial markets, because they constantly remind me of my limitations.
George Soros
Find the trend whose premise is false, and bet against it.
George Soros
Well, you know, I was a human being before I became a businessman.
George Soros
I commissioned two political experts to advise me about what I could do to oppose the re-election of President Bush.
George Soros
At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.
George Soros
Political debate is more interested in manipulating the truth, than finding the truth.
George Soros
The bureaucratic method of building an integrated Europe has exhausted its potential.
George Soros
Now that I have called you on your false accusation, you are using additional smear tactics.
George Soros
The more comprehensive and convincing a debt reduction program is, the less likely it is to fail. And remember, just as Germany is grateful to America for the Marshall Plan, Italy would be grateful to Germany for helping it lower its refinancing costs.
George Soros
However, even a strong government can't perform miracles. It needs money from the taxpayers.
George Soros
The criminalization of marijuana did not prevent marijuana from becoming the most widely used illegal substance in the United States and many other countries. But it did result in extensive costs and negative consequences.
George Soros
Money values do not simply mirror the state of affairs in the real world valuation is a positive act that makes an impact on the course of events. Monetary and real phenomena are connected in a reflexive fashion that is, they influence each other mutually. The reflexive relationship manifests itself most clearly in the use and abuse of credit.
George Soros
Studying economics is not a good preparation for dealing with it.
George Soros