jeffsachs.org

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Latest book: "Building the New American Economy: Smart, Fair, and Sustainable" http://a.co/1Fgcy4E

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Highlights
China should lead with sustainable development — Jeffrey Sachs

Sustainable development means the idea of economic development that is socially equitable and environmentally sustainable. I regard this challenge the biggest challenge all countries, including China and the US, face. Given China’s and America’s current challenge of sustainable development, both countries are facing similar challenges now. Read the entire excerpt from Professor Sachs’ remarks at the Chongyang Institute of Finance, Renmin University of China in Beijing here in the Global Times.

The Trump Contagion — Jeffrey Sachs

US President Donald Trump’s growing rages may partly be the result of cognitive decline, suggested, for example, by his deteriorating ability to form complete sentences, use complex words, and maintain a coherent train of thought. US President Donald Trump’s growing rages may partly be the result of cognitive decline, suggested, for example, by his deteriorating ability to form complete sentences, use complex words, and maintain a coherent train of thought. Mental health professionals and others have been trying to warn the public about the dangers of US President Donald Trump since his election. While we have not seen the actual text – only a version of it rendered by the president’s political ally, US Attorney General William Barr –

The Dangerous Absurdity of America’s Trade Wars — Jeffrey Sachs

NEW YORK – Don Quixote fought windmills. Last week, it was announced that the US international deficit on goods and services had widened to $621 billion, despite Trump’s promise that tough trade policies vis-à-vis Canada and Mexico, Europe, and China would slash the deficit. Trump believes the US trade deficit reflects unfair practices by America’s counterparts. He has vowed to end those unfair practices and negotiate fairer trade agreements with those countries.

The Green New Deal isn’t outlandish — it’s a necessity — Jeffrey Sachs

A recent Washington Post editorial and a letter by leading economists suggest that a carbon tax is the “best first-line policy. The editorial argues that “a high-enough carbon price would shape millions of choices, small and large, about what to buy, how to invest and how to live that would result in substantial emissions cuts. In the 1980s, scientists realized that chlorofluorocarbons (CFCs) were destroying the stratospheric ozone layer, at great peril to humanity. To do so, the world’s government’s adopted the Montreal Protocol, which set a timeline to replace CFCs mainly by other fluorine gases without the ozone-destroying properties.

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