Jeffrey Sachs Quotes

• The energy and daring is to resist the noes, until the final yes has been achieved.

  Jeffrey Sachs

  Topics in Uncategorized

  Tags in Science

• We had a booming stock market in 1929 and then went into the world’s greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.

  Jeffrey Sachs

  Topics in Uncategorized

  Tags in Different, Some

• We’ve taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well.

  Jeffrey Sachs

  Topics in Uncategorized

  Tags in Would, Prosperity

• White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues.

  Jeffrey Sachs

• We’ve taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well.

  Jeffrey Sachs

• We’re going to have to forgive a great deal of the Soviet era debt. There’s no question about that. Let’s face up to that. We’re going to have to put in money if Russia is really going to consolidate a democracy.

  Jeffrey Sachs

• We, being the Western world, wouldn’t let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.

  Jeffrey Sachs

• We were proposing, in a sense, that the rest of the world be made safe for American ideas, as they adopted intellectual property rights that gave patent protection to our very innovative economy.

  Jeffrey Sachs

• Unfortunately, the real focus in this country has not been on the rest of the world. It’s been on our own issues and our own problems. Fair enough. But it means that our simple hopes that everything will just work out abroad aren’t really coming to pass.

  Jeffrey Sachs

• There’s a lot of strength in the U.S., but there’s a lot of froth also. The froth will blow off. We’re going to have to face up to some realities that we’re not fully facing up to right now.

  Jeffrey Sachs

• The truth of good economic doctoring is to know the general principles, and to really know the specifics. To understand the context, and also, to understand that an economy may need some tender loving care, not just the so-called hard truths, if it’s going to get by.

  Jeffrey Sachs

• The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge.

  Jeffrey Sachs

• The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia.

  Jeffrey Sachs

• The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed.

  Jeffrey Sachs

• The idea that UN commitments should be followed by action is indeed a radical one, especially for the United States, where wilful neglect of its own commitments is the rule.

  Jeffrey Sachs

• The great leaders of the second world war alliance, Franklin Roosevelt and Winston Churchill, understood the twin sides of destruction and salvation. Their war aims were not only to defeat fascism, but to create a world of shared prosperity.

  Jeffrey Sachs

• The essence of Africa’s crisis is fundamentally its extreme poverty.

  Jeffrey Sachs

• The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view.

  Jeffrey Sachs

• Senior development specialists in the Treasury can be counted on one hand. America’s government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments.

  Jeffrey Sachs

• Russia has gone through eight years of continuing economic pain.

  Jeffrey Sachs

Jeffrey Sachs (32)

Birth:	5th November, 1954
Nationality:	American
Profession:	Economist, Professor

About

Jeffrey David Sachs was born in Detroit, Michigan, USA. He is an American economist and director of the Earth Institute at Columbia University. He is known as one of the world's leading experts on economic development and the fight against poverty. He earned a BA degree from Harvard University in 1976. He received his MA degree in Economics in 1978 and PhD in economics in 1980 from Harvard University. He served as a professor at Harvard University from 1980-2002. He serves as a professor of Economics at Columbia University since 2002. He has written several books include: Global Linkages (with Warwick McKibbin), Macroeconomics in the Global Economy (with Felipe Larraín Bascuñán), Poland's jump to the market economy, The End of Poverty, Common Wealth: Economics for a Crowded Planet, The Price of Civilization, To Move the World, and The Age of Sustainable Development. He received many awards, including Sargent Shriver Award for Equal Justice in 2005, Padma Bhushan (Government Of India) in 2007, and Blue Planet Prize in 2015. He married to Sonia Ehrlich, a pediatrician. They have three children: Lisa, Adam, and Hannah.

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Today's Anniversary - 22nd December

Births

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• 1940 - Nathanael West
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• 1899 - Dwight L. Moody