Jeffrey Sachs Quotes & Sayings

“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.”

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

“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.”

“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.”

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

“The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia.”

“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.”

“We were proposing, in a sense, that the rest of the world be made safe for American ideas, as they adopted intellectual property rights that gave patent protection to our very innovative economy.”

“It's not so unusual to run out of someone else's currency.”

“The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.”