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Jeffrey Sachs

Jeffrey Sachs Quotes

Economist

Jeffrey Sachs is a renowned economist born on November 5, 1954. He has extensive research and contributions in the fields of global development, poverty reduction, and sustainable development. Sachs has served as a special advisor to the Secretary-General of the United Nations, guiding the formulation and implementation of the United Nations Millennium Development Goals (MDGs).

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All World Poverty Development Ifs Country Ending Poverty Economic Economy Needs Political Poor Challenges Extreme Poverty Extremes Philosophy Years Economics Ends Ideas Crisis

Famous 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.”

Ifs World Ideas Country Growth Views Economy Pieces Economic Benefits Economic Growth Integrated Concur

Author: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.”

Ifs Knows Needs May Hard Care Principles Economy Economic Hard Truths Specifics Doctoring Tender Loving Care

Author:Jeffrey Sachs

“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.”

Ifs Accepting Fire Equal Uncomfortable Deep Down

Book:The End of Poverty: How We Can Make it Happen in Our Lifetime

Source: The End of Poverty: How We Can Make it Happen in Our Lifetime

“Everybody needs to understand that policies are going to change to make it unprofitable if you wreck the planet, those companies that continue exploring and developing fossil fuel resources for which there is no safe use are going to pay a very heavy cost for that.”

Ifs Needs Use Change Pay Company Policy Planets Cost Safe Resources Heavy Developing Fuel Exploring Fossils Wrecks Fossil Fuel

Author:Jeffrey Sachs

“All of the incessant debate about development assistance, and whether the rich are doing enough to help the poor, actually concerns less than 1% of rich world income. The effort required of the rich is indeed so slight that to do less is to announce brazenly to a large part of the world: 'You count for nothing.' We should not be surprised, then, if in later years the rich reap the whirlwind of that heartless response.”

Ifs World Should Years Enough Helping Poor Effort Poverty Rich Development Concern Response Debate Income Assistance Reap Heartless Incessant Ending Poverty Whirlwind Help The Poor

Author:Jeffrey Sachs

“The time has come to end this charade. The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves. Africa should say: 'thank you very much but we need this money to meet the needs of children who are dying right now so we will put the debt servicing payments into urgent social investment in health, education, drinking water, control of AIDS and other needs.'”

Ifs Needs Should Children Ends Time Social Water Dying Health Right Now Drinking Investment Debt Aids Urgent Payment Saying Thank You Drinking Water Obstruction Charades Health Education

Author: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.”

Ifs Interest Worry Europe Gold Rate Recessions Interest Rate

Author: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.”

Ifs Years Mean Term Periods Debt Dues Short Term

Author: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.”

Ifs World Wells Views Economy Taken Security Benefits Prosperity Spread Finance Around The World Stability Market Economy

Author:Jeffrey Sachs

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

Ifs Ends Whole Fun Waiting Economy Bitter Destroyed

Author:Jeffrey Sachs

About the Author

Born: November 5, 1954
Known for: Economist
Quotes: 61

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World Poverty Development Ifs Country Ending Poverty Economic Economy Needs Political Poor Challenges Extreme Poverty Extremes Philosophy Years Economics Ends Ideas Crisis

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Books & Sources

The End of Poverty: How We Can Make it Happen in Our LifetimeRelated source material

The Price of Civilization: Economics and Ethics After the FallRelated source material

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