Offers a diagnosis of the country's economic ills and argues that Americans can restore the virtues of fairness, honesty, and foresight as the foundations of national prosperity.
Jeffrey D. Sachs has been cited by The New York Times Magazine as “probably the most important economist in the world” and by Time as “the world’s best-known economist.” He has advised an extraordinary range of world leaders and international institutions on the full range of issues related to creating economic success and reducing the world’s poverty and misery. Now, at last, he draws on his entire twenty-five-year body of experience to offer a thrilling and inspiring big-picture vision of the keys to economic success in the world today and the steps that are necessary to achieve prosperity for all.
Marrying vivid eyewitness storytelling to his laserlike analysis, Jeffrey Sachs sets the stage by drawing a vivid conceptual map of the world economy and the different categories into which countries fall. Then, in a tour de force of elegance and compression, he explains why, over the past two hundred years, wealth has diverged across the planet in the manner that it has and why the poorest nations have been so markedly unable to escape the cruel vortex of poverty. The groundwork laid, he explains his methods for arriving, like a clinical internist, at a holistic diagnosis of a country’s situation and the options it faces. Rather than deliver a worldview to readers from on high, Sachs leads them along the learning path he himself followed, telling the remarkable stories of his own work in Bolivia, Poland, Russia, India, China, and Africa as a way to bring readers to a broad-based understanding of the array of issues countries can face and the way the issues interrelate. He concludes by drawing on everything he has learned to offer an integrated set of solutions to the interwoven economic, political, environmental, and social problems that most frequently hold societies back. In the end, he leaves readers with an understanding, not of how daunting the world’s problems are, but how solvable they are--and why making the effort is a matter both of moral obligation and strategic self-interest. A work of profound moral and intellectual vision that grows out of unprecedented real-world experience, The End of Poverty is a road map to a safer, more prosperous future for the world.
An inspiring look at the historic foreign policy triumph of John F. Kennedy’s presidency--the crusade for world peace that consumed his final year in office--by the New York Times bestselling author of The Price of Civilization, Common Wealth, and The End of Poverty
The last great campaign of John F. Kennedy’s life was not the battle for reelection he did not live to wage, but the struggle for a sustainable peace with the Soviet Union. To Move the World recalls the extraordinary days from October 1962 to September 1963, when JFK marshaled the power of oratory and his remarkable political skills to establish more peaceful relations with the Soviet Union and a dramatic slowdown in the proliferation of nuclear arms.
Kennedy and his Soviet counterpart, Nikita Khrushchev, led their nations during the Cuban Missile Crisis, when the two superpowers came eyeball to eyeball at the nuclear abyss. This near-death experience shook both leaders deeply. Jeffrey D. Sachs shows how Kennedy emerged from the Missile crisis with the determination and prodigious skills to forge a new and less threatening direction for the world. Together, he and Khrushchev would pull the world away from the nuclear precipice, charting a path for future peacemakers to follow.
During his final year in office, Kennedy gave a series of speeches in which he pushed back against the momentum of the Cold War to persuade the world that peace with the Soviets was possible. The oratorical high point came on June 10, 1963, when Kennedy delivered the most important foreign policy speech of the modern presidency. He argued against the prevailing pessimism that viewed humanity as doomed by forces beyond its control. Mankind, argued Kennedy, could bring a new peace into reality through a bold vision combined with concrete and practical measures.
Achieving the first of those measures in the summer of 1963, the Partial Nuclear Test Ban Treaty, required more than just speechmaking, however. Kennedy had to use his great gifts of persuasion on multiple fronts--with fractious allies, hawkish Republican congressmen, dubious members of his own administration, and the American and world public--to persuade a skeptical world that cooperation between the superpowers was realistic and necessary. Sachs shows how Kennedy campaigned for his vision and opened the eyes of the American people and the world to the possibilities of peace.
Featuring the full text of JFK’s speeches from this period, as well as striking photographs, To Move the World gives us a startlingly fresh perspective on Kennedy’s presidency and a model for strong leadership and problem solving in our time.
Praise for Jeffrey D. Sachs’s The Price of Civilization
Named One of the Best Books of the Year by The Guardian and Publishers Weekly
“Half a century ago J. K. Galbraith’s The Affluent Society changed the political consciousness of a generation. . . . Jeffrey Sachs’s new book is a landmark in this great and essentially American tradition.”--The Spectator
“Succinct, humane, and politically astute . . . Sachs lays out a detailed path to reform, regulation, and recovery.”--The American Prospect
“Stimulating . . . a must-read for every concerned citizen . . . [a] hard-hitting brief for a humane economy.”--Publishers Weekly (starred review)
This innovative new text from Jeffrey Sachs and Xiokai Yang introduces students to development economics from the perspectives of inframarginal analysis and marginal analysis. The book demonstrates how the new-found emphasis on inframarginal analysis has influenced a shift back to an interest in Classical Economics from Neoclassical Economics.
Inframarginal Analysis vs. Marginal Analysis is presented as a consistent theoretical framework throughout.
Shows how the relationship of Inframarginal Analysis to Marginal Analysis has influenced the shift back to an interest in Classical Economics from Neoclassical Economics with regard to economic development.
Allows economists to reduce their overall reliance on marginal analysis, which may be less relevant to development economics than it is to the economics of development countries.
Brings considerable analytic machinery to bear on important problems.
A focus on institutions and transaction costs that is very relevant to development economics.
Offers a thorough analysis of trade (CHs. 3 - 7) and macroeconomics (CHs. 16 - 19), both of which are not dealth with in depth by comparable textbooks.