Jeffrey Sachs
Jeffrey Sachs
Jeffrey David Sachsis an American economist and director of The Earth Institute at Columbia University, where he holds the title of University Professor, the highest rank Columbia bestows on its faculty. He is known as one of the world's leading experts on economic development and the fight against poverty...
NationalityAmerican
ProfessionTeacher
Date of Birth5 November 1954
CountryUnited States of America
years goal magic
My colleagues and I took a stand in our work several years ago that we would not look for the magic bullet, because there is none. These are just basic problems requiring basic work. Nothing magic about it.
country wall military
Tax the rich. End the wars. Break the power of lobbies in Washington. These are the demands of Occupy Wall Street. They are very important. The US corporations dominate Washington. The big oil companies, Wall Street banks and the military-industrial complex - they rule this country and their influence and power has to be broken.
essence addresses poverty
The essence of Africa's crisis is fundamentally its extreme poverty and therefore its inability to mobilize out of its own resources even the barest of minimum resources to address any of the public health crises that Africa faces.
thinking imf crisis
I think the IMF helped to detonate the Indonesian crisis.
truth survival united-states
Our interconnectedness on the planet is the dominating truth of the 21st century. One stark result is that the world's poor live, and especially die, with the awareness that the United States is doing little to mobilise the weapons of mass salvation that could offer them survival, dignity and eventually the escape from poverty.
military white issues
White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues.
mean years debt
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.
country art jobs
Business often does a good job supporting communities: the arts, universities, and scientific enterprises... But that philosophy has rarely reached poor countries. Even businesses that are enlightened in their home bases see Africa, Latin America, and parts of Asia as places to exploit natural resources or use cheap labor.
war leader alliances
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.
running unusual economics
It's not so unusual to run out of someone else's currency.
fire accepting uncomfortable
Deep down, if we really accept that their lives - African lives - are equal to ours, we would all be doing more to put the fire out. Its an uncomfortable truth.
years long world
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.
needs care may
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.
essence poverty economics
The essence of Africa's crises is fundamentally it's extreme poverty.