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Letter "J" » 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.»
Author: 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.»
Author: Jeffrey Sachs
«If the whole world went into recession, all the major central banks could cut interest rates and expand the money supply.»
Author: Jeffrey Sachs
«When countries open up to trade, they generally benefit, because they can sell more, then they can buy more. And trade has two-way gain.»
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.»
Author: Jeffrey Sachs
«The idea that the UN system could provide real leadership on the great development challenges will strain credulity in some quarters.»
Author: Jeffrey Sachs
«As of the late 1980s and early 1990s, a kind of professional consensus arose in Washington. It was called a consensus for the world, but how many people really believed all of it is an open question. A consensus came, at least within Washington, about how countries should change from non-market economies to market economies.»
Author: 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.»
Author: Jeffrey Sachs
«The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed.»
Author: Jeffrey Sachs
«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.»
Author: Jeffrey Sachs
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