Title:Are G. Soros’s ideas still alive?
If you click on the following link you can see Brian Arthur’s video called Complexity in Economic Theory.https://www.youtube.com/watch?v=W0dGLEreBrM&t=3s
The video shows that George Soros’ ideas may still be relevant in the modern economy. In his presentation, Brian Arthur highlighted that understanding the complexity of economic systems and analysing economic processes requires a particular focus on the behaviour of individuals and market actors. He argued that economic processes can be better understood by paying attention to the behaviour of people and the patterns they create in the market. For example, when someone makes a big decision about their finances, it is often based on emotions and human behaviour rather than just cold numbers. Soros says such factors can be important in understanding economic situations and managing risk. So, although many people see the economy as just dry numbers. In reality people’s behaviour and emotions play a big role in our economic decisions.