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Jeffrey Sachs

118quotes

Full Name and Common Aliases


Jeffrey David Sachs

Birth and Death Dates


Born: April 8, 1954

Nationality and Profession(s)


American Economist, Professor, and Director of the Center for Sustainable Development at Columbia University

Early Life and Background


Jeffrey Sachs was born in Detroit, Michigan, to a family that valued education. His parents encouraged his curiosity, fostering a love for learning from an early age. Sachs's interest in economics began when he read Adam Smith's _The Wealth of Nations_ during his teenage years. He went on to study economics at Harvard University, where he earned his undergraduate degree and later his PhD.

Major Accomplishments


Sachs is renowned for his work on economic development, global health, and sustainable growth. Some of his most notable achievements include:

As a senior advisor to the United Nations Secretary-General Kofi Annan, Sachs led the UN's Millennium Development Goals (MDGs), which aimed to eradicate poverty by 2015.
 He has served as an economic advisor to governments in Eastern Europe and Africa, helping them transition from planned economies to market-based systems.
Sachs is a prominent voice on climate change and sustainable development. His book _The Age of Sustainable Development_ provides a comprehensive framework for achieving the United Nations' 17 Sustainable Development Goals (SDGs).

Notable Works or Actions


Sachs has written extensively on economic development, global health, and sustainable growth. Some notable works include:

_The End of Poverty: Economic Possibilities for Our Time_: A book that argues poverty is not inevitable and provides a roadmap for eradicating it.
* _The Age of Sustainable Development_: A comprehensive framework for achieving the United Nations' 17 SDGs.

Impact and Legacy


Jeffrey Sachs has had a profound impact on global economic development. His work on the MDGs and SDGs has helped shape international policy, inspiring governments and organizations to prioritize sustainable growth and poverty reduction. As a leading voice on climate change, Sachs continues to advocate for urgent action to mitigate its effects.

Why They Are Widely Quoted or Remembered


Sachs is widely quoted and remembered for his insightful analysis of global economic challenges and his commitment to finding solutions that balance economic growth with social and environmental sustainability. His expertise has made him a sought-after advisor, speaker, and writer on topics related to sustainable development.

Quotes by Jeffrey Sachs

Jeffrey Sachs's insights on:

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.
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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.
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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.
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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.
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It’s the American leadership that has not played the role it should be playing and that leaders in other countries have been playing.
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It’s the American leadership that has not played the role it should be playing and that leaders in other countries have been playing.
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The essence of Africa’s crises is fundamentally it’s extreme poverty.
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The essence of Africa’s crises is fundamentally it’s extreme poverty.
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It’s not so unusual to run out of someone else’s currency.
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It’s not so unusual to run out of someone else’s currency.
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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.
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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.
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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.
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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.
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Knowing that an economy is in decline is not enough. We must know why the economy is failing to achieve economic growth if we are to take steps to establish or reestablish it.
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Knowing that an economy is in decline is not enough. We must know why the economy is failing to achieve economic growth if we are to take steps to establish or reestablish it.
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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.
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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.
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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.
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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.
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