George Soros gave a speech this year in June 2012, Could be one of the best speech have heard in the financial domain.
He Started with the Crash of 2008 that has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure.
He differentiate economics that is a social science and there is a fundamental difference between the natural and social sciences. Continue reading “Speech of the year by George Soros”