The Crisis Of Global Capitalism: Open Society Endangered.

SOROS, George.

$750.00

Item Number: 78960

New York: Public Affairs, 1998.

First edition of this classic work. Octavo, original half cloth. Inscribed by George Soros on the half-title page. Fine in a fine dust jacket. Jacket design by Evan Gaffney.

No one is better positioned to explain the global financial crisis than George Soros, the man Morgan Stanley head Barton Biggs calls "the finest analyst of the world in our time." In The Crisis of Global Capitalism, Soros, chairman of Soros Fund Management (whose Quantum Fund is considered to have been the best performing investment fund in the world over the past thirty years), dissects the current crisis and economic theory in general, revealing how theoretical assumptions have combined with human behavior to lead to today's mess. He shows how unquestioning faith in market forces blinds us to crucial instabilities, and how those instabilities have chain-reacted to cause the current crisis—a crisis that has the potential to get much, much worse. Offering brilliant solutions to the global meltdown, based on years of Soros's own experience as a financier and philanthropist, this is essential reading for anyone involved with the new economy—that is, all of us.