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Protestors hold banners saying ‘No to the stigmatisation of civilians’ at a meeting of the Hungarian parliament’s justice committee, prior to the bill’s approval. Laszlo Balogh/Reuters

Hungary cracks down on foreign funding, dealing a harsh blow to NGOs — and to European democracy

FROM OUR ARCHIVES (UPDATED) Hungary has passed a law monitoring the finances of foreign-funded NGOs, another blow to civil society in Viktor Orban's increasingly "illiberal democracy".
Tech billionaire Sean Parker and his wife Alexandra Lenas Parker are among today’s youngest and most ambitious donors. Rich Fury/Invision/AP Photo

Should the giving styles of the rich and famous alarm us all?

In 'The Givers,' author David Callahan warns that today's mega-rich philanthropists wield too much political clout. He may be exaggerating their power and lowballing the public's own strength.
George Soros says it is necessary to redefine the assumptions and axioms on which economic theory is based. AAP

The end of economics as we know it? Don’t bet on it

According to billionaire George Soros, co-founder of the Institute for New Economic Thinking, proving the bankruptcy of traditional economic theory is “mission accomplished” and it is now time to determine…

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