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George Soros’s Bad Bet

The billionaire funded a series of experiments in the U.S. criminal-justice system—with disastrous results.

As George Soros exits the public stage, handing over control of his central nonprofit operation, the Open Society Foundation, to his son, it’s a good time to examine the results of the experiments he funded in the American criminal-justice system.

Soros famously made his fortune by massively shorting the British pound, leading to more than $1 billion in profits for him and economic calamity for the United Kingdom’s central bank. With his riches, Soros eventually became politically active in America as a major donor. He funded high-profile Democratic candidates for national office, and then shifted gears to focus intently on criminal justice.

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