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"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."
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Exlpore more Work quotes
"Employers are at their happiest on Mondays. Employees are at their happiest on Fridays."
"Back then, work revolved around life. Today, life revolves around work."
"Love by the sweat of thy brow.Not through whispered words of hollow sound or lofty dreams ne'er substance bound that more than oft do run aground. Nay, love with mighty, blistered hands that turn the soil and carve the land. A bearer of toil and golden band. Be strong! A founder of the feast! Protective knight who slays the beast! For promises and vows aloud are naught but wispy veneer shroud like cobwebs, frail, the airy words and wooing fail. So work, my darling. Toil as proof. Thy loyal heart be drained of youth and yet beat on, incessant sound. Both feet take root within the ground, and service be thy kingly crown.Love by the sweat of thy brow."
"Your life content reduces with employment."
"A specialist's mind is a slave to his specialization."
Explore more quotes by 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."
"The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge."
"Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments."
"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."
"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."
"In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better."
"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."
"We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program."
"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."
"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."
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