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Jeffrey Sachs Quotes
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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 (Jeffrey Sachs Quotes)
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 Quotes)
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 Quotes)
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 Quotes)
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 Quotes)
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 Quotes)
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 Quotes)
The key to ending extreme poverty is to enable the poorest of the poor to get their foot on the ladder of development. The ladder of development hovers overhead, and the poorest of the poor are stuck beneath it. They lack the minimum amount of capital necessary to get a foothold, and therefore need a boost up to the first rung (Jeffrey Sachs Quotes)
Every morning our newspapers could read, ‘More than 20,000 people perished yesterday of extreme poverty.’ How? The poor die in hospital wards that lack drugs, in villages that lack antimalarial bed nets, in houses that lack safe drinking water. They die namelessly, without public comment. Sadly, sad stories rarely get written (Jeffrey Sachs Quotes)
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 (Jeffrey Sachs Quotes)
Soil mapping is one of the pillars to the challenge of sustainable development (Jeffrey Sachs Quotes)
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 Quotes)
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 Quotes)
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 (Jeffrey Sachs Quotes)
Extreme poverty is the best breeding ground on earth for disease, political instability, and terrorism. (Jeffrey Sachs Quotes)
The debts are unaffordable. If they won’t cancel the debts I would suggest obstruction; you do it yourselves. (Jeffrey Sachs Quotes)
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 Quotes)
At the most basic level, the key to ending extreme poverty is to enable the poorest of the poor to get their foot on the ladder of development. (Jeffrey Sachs Quotes)
The defining challenge of the 21st century will be to face the reality that humanity shares a common fate on a crowded planet. (Jeffrey Sachs Quotes)
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 Quotes)
This is our greatest challenge: learning to live in a crowded and interconnected world that is creating unprecedented pressures on human society and on the physical environment. (Jeffrey Sachs Quotes)
The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed (Jeffrey Sachs Quotes)
It’s not so unusual to run out of someone else’s currency (Jeffrey Sachs Quotes)
Russia has gone through eight years of continuing economic pain (Jeffrey Sachs Quotes)
The essence of Africa’s crisis is fundamentally its extreme poverty (Jeffrey Sachs Quotes)
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 Quotes)
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 Quotes)
The debts are unaffordable. If they won’t cancel the debts I would suggest obstruction; you do it yourselves (Jeffrey Sachs Quotes)
Extreme poverty is the best breeding ground on earth for disease, political instability, and terrorism (Jeffrey Sachs Quotes)
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 Quotes)
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