ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Of Bubbles and Black Swans

Over the past 30 years, Soros has written three books, which focus on this bubble theory, and his ideas are well documented on the web site of the Open Society Institute. He has discussed his theory in various fora, such as, on CNN with Fareed Zakaria, and has pinpointed limitations of the traditional laissez-faire economics. A fascinating discourse between him and Ricardo Caballero of MIT, which took place on 28 October 2008, is available on the MIT web site. During the dialogue Soros commented:

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