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Just as the process of repealing national alcohol prohibition began with individual states repealing their own prohibition laws, so individual states must now take the initiative with respect to repealing marijuana prohibition laws.

George Soros

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George Soros
Age: 94
Born: 1930
Born: August 12
Banker
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Businessman
Economist
Financier
Investor
Philanthropist
Philosopher
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Writer
Buda Pest
György Schwartz
György Soros
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Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in.
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Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner.
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Who most benefits from keeping marijuana illegal? The greatest beneficiaries are the major criminal organizations in Mexico and elsewhere that earn billions of dollars annually from this illicit trade - and who would rapidly lose their competitive advantage if marijuana were a legal commodity.
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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
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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.
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The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness.
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I call government that works the best for people open society, which is basically just another more general term for a democracy that is - you call it maybe a liberal democracy. It's not only majority rule but also respect for minorities and minority opinions and the rule of law. So it's really a sort of institutional democracy.
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You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to heel.
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Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the imagination of the German public, and the German public has accepted it.
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Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
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Well, you know, I was a human being before I became a businessman.
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Now that I have called you on your false accusation, you are using additional smear tactics.
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I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
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Changeless society is characterized by the absense of alternatives.
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The world order needs a major overhaul.
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The generally accepted theory is that financial markets tend towards equilibrium, and...discount the future correctly. I operate using a different theory, according to which financial markets cannot possibly discount the future correctly because the do not merely discount the future they help to shape it.
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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.
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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.
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It is much easier to put existing resources to better use, than to develop resources where they do not exist.
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I admire Chancellor Merkel for her leadership qualities, but she is leading Europe in the wrong direction.
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