Jeffrey D. Sachs's Blog, page 4

The War on Huawei

NEW YORK – The arrest of Huawei CFO Meng Wanzhou is a dangerous move by US President Donald Trump’s administration in its intensifying conflict with China. If, as Mark Twain reputedly said, history often rhymes, our era increasingly recalls the period preceding 1914. As with Europe’s great powers back then, the United States, led by [...]

‘Roles of government, businesses critical for well-being of citizens’

Governments and companies both play important roles in improving the well-being of citizens, said renowned academics on Wednesday, the second day of the sixth OECD World Forum that kicked off under the theme of the future of well-being. Jeffrey D. Sachs, a professor of economics at Columbia University, said that to improve the well-being of [...]

Financing International Cooperation

NEW YORK – Today, the provision of public goods and services at the global and regional level is dangerously inadequate. The United Nations system, the European Union, and other multilateral organizations are under great stress, because their budgets are inadequate to meet their responsibilities. While a few free-market ideologues may still argue that profit-motivated corporations [...]

Trump’s failure to fight climate change is a crime against humanity

(CNN) President Donald Trump, Florida Gov. Rick Scott, Florida Sen. Marco Rubio, and others who oppose action to address human-induced climate change should be held accountable for climate crimes against humanity. They are the authors and agents of systematic policies that deny basic human rights to their own citizens and people around the world, including the [...]

Review: Making American Foreign Policy Unexceptional

“… Sachs is a professor at Columbia University, a special advisor to UN Secretary-General António Guterres, and perhaps the most famous economist of the 21st century. His new book is entitled A New Foreign Policy: Beyond American Exceptionalism, and there is much inside to be celebrated. I never thought I would utter the words “I agree [...]

Trump’s Diminishing Power and Rising Rage

NEW YORK – The drama of Donald Trump’s presidency has centered around whether an extremist president would be able to carry out an extremist policy agenda against the will of the majority of Americans. So far the answer has been no, and the midterm elections make it far less likely. Yet Trump’s rising frustrations could [...]

IMF – Jeffrey D. Sachs and other leading voices on issues of the day

A New Age of Sustainable Development – Australia, Asia and The World

Killer Politicians

NEW YORK – “Will no one rid me of this meddlesome priest?” asked Henry II as he instigated the murder of the Archbishop of Canterbury, Thomas Becket, in 1170. Down through the ages, presidents and princes around the world have been murderers and accessories to murder, as the great Harvard sociologist Pitirim Sorokin and Walter [...]

‘Tech tax’ necessary to avoid dystopia, says leading economist

A “tech tax” is necessary if the world is to avoid a dystopian future in which AI leads to a concentration of global wealth in the hands of a few thousand people, influential economist Dr Jeffrey Sachs has warned. Speaking to the Guardian, Sachs backed calls for taxation aimed at the largest tech companies, arguing [...]