George Soros on Clean Energy
Tuesday, June 2nd, 2009
George Soros, one of the world’s most successful investors and boldest philanthropists, has been more perceptive than almost anybody on the economic crisis – warning about “market fundamentalism” and the emerging credit “superbubble” since the 1980s. “The idea that financial market are self-correcting,” Soros writes, “remains the prevailing paradigm.” And it is wrong.
Rather than thinking markets are always right, Soros thinks of markets as “almost always wrong” – and has made billions by trading on this insight.
Now nearing 80, Soros’ observations carry more weight than ever. The new edition of The Crash of 2008: the new Paradigm for Financial Markets is Soros’ 11th book – and his first bestseller. In it he explains his theory and argues that clean energy investments are central to macroeconomic policy.




