George Soros announced earlier this week that he is launching a new think-tank which will be tasked with, in the words of Alan Rappeport of the Financial Times, "reconceiving the field of economics."  And Soros explained his goal for the Institute of New Economic Thinking (INETT) to Rappeport's FT colleague, Chrystia Freeland:

There’s been a pretty widespread recognition by professionals that something is fundamentally wrong in the prevailing doctrine about financial markets, that you need a new understanding that this whole idea of efficient market hypothesis, rational expectations theory, is totally devoid of reality, and so there is need for new thinking. I’m, of course, one of the protagonists that are putting forward a different alternative, but there are others and I think these alternatives need to be developed. I feel now sufficiently confident that I’m ready to also act as a financial sponsor for this Institute, which will actually develop the alternative.

Soros has been lecturing all this week at the Central European University, in his native Hungary.  In Tuesday's lecture, he laid out his thinking for the new think-tank (you can watch the relevant excerpt here), but the series goes well beyond the financier's views of today's crisis.  The Financial Times has made video of all of the lectures available here.