Jeffrey Sachs Quotes

We took on as a project helping a village in western Kenya. It was 5,000 hungry people beset with malaria and AIDS. And we said, 'let's apply the recommendations of the Millennium Project in this village with the support of a private donor, because government donors don't seem to do such practical things.' And we helped them get improved seeds and some fertilizer for the planting season. That's all. Very low cost. They produced four times more food this year than last year. - Jeffrey Sachs

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

We give away tens of billions to Brazil, or to one place or another, without thinking. But in those days, to give even a tiny amount to Russia was viewed almost as anathema by many parts of our own society and our political leadership, whether it was the Bush administration or the Clinton administration. - Jeffrey Sachs

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

Trade is important, but I visit places that are so cut off from world markets that they aren't really part of the local economy, let alone the world economy. - Jeffrey Sachs

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

There is no doubt that Malawi needs 100 percent debt cancellation as soon as possible, and I will do everything possible to speed that up. - Jeffrey Sachs

The war on terror cannot ever be won if the war on poverty isn't won. - Jeffrey Sachs

The volatility of international capital is obviously destabilizing markets today. - Jeffrey Sachs

The U.S. has a sound economy. It also has a cyclical economy. It also has stock market values right now that are hard to explain on historical norms. While it's always possible that everything can be based on the new economy, it's also quite possible that we're doing a little bit of exaggeration in just how wonderful things are. - Jeffrey Sachs

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