Jeffrey Sachs Quotes

• Roosevelt talked not only about Freedom from Fear, but also Freedom from Want.

  Jeffrey Sachs

• Let’s start fresh with Russia on some real help and some real reform.

  Jeffrey Sachs

• It’s not so unusual to run out of someone else’s currency.

  Jeffrey Sachs

• In the early 1990s, when a lot of the developing world opened up to international capital flows… they ended up in very good long-term projects, but projects that weren’t going to pay off for five or 10 or 20 years.

  Jeffrey Sachs

• In my view, there is an urgent need to communicate with the public and help to explain where there is consensus, and where are there doubts about the issues of sustainable development.

  Jeffrey Sachs

• In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they’d borrow a bit more and do even better.

  Jeffrey Sachs

• If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that’s coming due within a year. Typically, it means money that’s coming due within 30 to 90 days.

  Jeffrey Sachs

• If we did go into a recession, something that’s always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.

  Jeffrey Sachs

• I think the IMF helped to detonate the Indonesian crisis.

  Jeffrey Sachs

• Globalization was a deep trend pushed by technology and right ideas, as much as anything else.

  Jeffrey Sachs

• Devaluations are never easy.

  Jeffrey Sachs

• Despite a decade of criticism and budget cuts, the specialised UN agencies have far more expertise and hands-on experience than any other organisations in the world.

  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 - 21st April

Births

• 1909 - Rollo May
• 1970 - Nicole Sullivan
• 1935 - Thomas H. Kean
• 1959 - Robert Smith
• 1864 - Max Weber

Deaths

• 1930 - Robert Seymour Bridges
• 1952 - Stafford Cripps
• 2012 - Russell Green
• 1851 - James Barron
• 1924 - Marie Corelli