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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."

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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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Donna Grant

"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."

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Personal Development

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Donna Grant

"Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive."

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Personal Development

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Donna Grant

"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."

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Personal Development

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Donna Grant

"Employment is the biggest form of slavery."

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Personal Development

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Donna Grant

"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."

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Personal Development

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Donna Grant

"Not every single broke and unemployed person needs a job, some need customers."

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Personal Development

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Donna Grant

"That some should be rich shows that others may become rich and hence is just encouragement to industry and enterprise."

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Personal Development

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Donna Grant

"A reputation for money is almost as negotiable as money itself."

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Personal Development

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Donna Grant

"A poor man knows the true value of money and will not dare waste it, but a rich man is extravagant and always looking for an opportunity to empty his pockets."

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Personal Development

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Donna Grant

"The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany."

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Personal Development

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Jeffrey Sachs
"White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues."

Development

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Jeffrey Sachs
"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."

Development

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Jeffrey Sachs
"Despite a decade of criticism and budget cuts, the specialised UN agencies have far more expertise and hands-on experience than any other organisations in the world."

Experience

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Jeffrey Sachs
"The essence of Africa's crisis is fundamentally its extreme poverty."

Crisis

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Jeffrey Sachs
"I think the IMF helped to detonate the Indonesian crisis."

Crisis

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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."

Economy

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Jeffrey Sachs
"The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed."

Economy

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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."

Money

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Jeffrey Sachs
"Russia has gone through eight years of continuing economic pain."

Pain

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Jeffrey Sachs
"If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold."

Money

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