Essays

Europe at War

  • Project Syndicate
  • Jan 12, 2015

NEW YORK – By invading Ukraine in 2014, President Vladimir Putin’s Russia has posed a fundamental challenge to the values and principles on which the European Union was founded, and to the rules-based system that has kept the peace in Europe since 1945.

A New Policy to Rescue Ukraine

  • The New York Review of Books
  • Jan 8, 2015

The sanctions imposed on Russia by the US and Europe for its interventions in Ukraine have worked much faster and inflicted much more damage on the Russian economy than anybody could have expected. The sanctions sought to deny Russian banks and companies access to the international capital markets.

Wake Up, Europe

  • The New York Review of Books
  • Oct 22, 2014

Europe is facing a challenge from Russia to its very existence. Neither the European leaders nor their citizens are fully aware of this challenge or know how best to deal with it. I attribute this mainly to the fact that the European Union in general and the eurozone in particular lost their way after the financial crisis of 2008.

Britain Needs Greater Unity Not a Messy Break-Up

  • Financial Times
  • Sep 10, 2014

This is the worst possible time for Britain to consider leaving the EU – or for Scotland to break with Britain.

The EU is an unfinished project of European states that have sacrificed part of their sovereignty to form an ever-closer union based on shared values and ideals.

Europe’s Ukrainian Lifeline

  • Project Syndicate
  • May 28, 2014

Last weekend’s European Parliament election and presidential election in Ukraine produced sharply contrasting results. Europe’s voters expressed their dissatisfaction with the way that the European Union currently functions, while Ukraine’s people demonstrated their desire for association with the EU. European leaders and citizens should take this opportunity to consider what that means – and how helping Ukraine can also help Europe.

A Futile War on Drugs that Wastes Money and Wrecks Lives

  • Financial Times
  • May 6, 2014

The war on drugs has been a $1tn failure. For more than four decades, governments around the world have pumped huge sums of money into ineffective and repressive anti-drug efforts. These have come at the expense of programs that actually work such as needle exchanges and substitution therapy.

The Future of Europe: An Interview with George Soros

  • The New York Review of Books
  • Mar 21, 2014

Parts of the following interview with George Soros by the Spiegel correspondent Gregor Peter Schmitz appear in their book, The Tragedy of the European Union: Disintegration or Revival?, just published by PublicAffairs.

Gregor Peter Schmitz: The conflict in Crimea and Ukraine has changed the shape of European and world politics, and we will come to it.

It is Time to Stand Up for the European Union

  • Financial Times
  • Mar 12, 2014

There is an important debate under way about the future of Europe and Britain’s place in the EU. I bring a pro-European bias to this debate. I am a great believer in the Union as it was originally conceived. This is a function of my personal history and of the philosophy I developed based on my life experience.

Sustaining Ukraine’s Breakthrough

  • Project Syndicate
  • Feb 26, 2014

Following a crescendo of terrifying violence, the Ukrainian uprising has had a surprisingly positive outcome. Contrary to all rational expectations, a group of citizens armed with not much more than sticks and shields made of cardboard boxes and metal garbage-can lids overwhelmed a police force firing live ammunition.

Fallibility, Reflexivity, and the Human Uncertainty Principle

  • Journal of Economic Methodology
  • Jan 13, 2014
The Journal of Economic Methodology, the leading peer-reviewed journal on the philosophical foundations and methodological practice of economics, has published a special issue devoted to George Soros’s theory of reflexivity. The issue contains a new article by Mr. Soros articulating his most recent thinking on reflexivity and fallibility, the role of those concepts in social science, and their contribution to events such as the 2008 financial crisis and euro crisis. The issue also contains contributions, responses and critiques from 18 leading scholars in economics and the history and philosophy of science.