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Tragedy of the European Union: Disintegration or Revival?: how Europe must now choose between economic and political revival or disintegration

Department of Economics public discussion

Date: Thursday 13 March 2014 
Time: 2-3.30pm 
Venue: Peacock Theatre, Portugal Street
Speaker: George Soros
Discussant: Anatole Kaletsky
Chair: Professor Mary Kaldor

This event marks the publication of George Soros' new book, Tragedy of the European Union: Disintegration or Revival?: How Europe Must Now Choose Between Economic and Political Revival or Disintegration in which he reveals the roots of Europe's current financial crisis and comprehensively assesses the consequences of that crisis for the global economy and on the political ideals embodied by the European Union. In this concise and illuminating volume, renowned financier George Soros examines both the political and economic fault-lines of the European Union to reveal the roots Europe's current financial crisis. Interwoven with aspects from George Soros' personal life, The Fate of the Union narrates the history of the European Union in order to assess the current crisis and its effects on Europe's role in the global economy. Will the Euro survive? George Soros identifies the true culprits of the Eurozone crisis - among them a misbegotten German austerity programme - and diagnoses what we must do to rescue the ideals of the European project.

George Soros (@georgesoros) is the chairman of Soros Fund Management and the founder of Open Society Foundations, a global network of foundations dedicated to supporting open societies. He is the author of several best-selling books including The New Paradigm for Financial Markets: The Crash of 2008 and What It Means, The Bubble of American Supremacy and The Age of Fallibility. He was born in Budapest in 1930 and lives in New York City. He survived the Nazi occupation and fled communist Hungary in 1947 for England, where he graduated from the London School of Economics and Political Science. He then settled in the United States, where he accumulated a large fortune through an international investment fund he founded and managed. Mr Soros has been active as a philanthropist since 1979, when he began providing funds to help black students attend Capetown University in apartheid South Africa. He has established a network of philanthropic organisations active in more than 50 countries around the world. These organisations are dedicated to promoting the values of democracy and an open society.

Anatole Kaletsky is an award-winning journalist and financial economist who has written since 1976 for The Economist, the Financial Times and The Times of London before joining Reuters. His recent book, Capitalism 4.0, about the reinvention of global capitalism after the 2008 crisis, was nominated for the BBC’s Samuel Johnson Prize, and has been translated into Chinese, Korean, German and Portuguese. Anatole is also chief economist of GaveKal Dragonomics, a Hong Kong-based group that provides investment analysis to 800 investment institutions around the world.

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