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Image of the quote is loading... SaveSave They did not understand that by liberalizing imports, the government was also promoting exports. - Quote by Jeffrey D. Sachs

They did not understand that by liberalizing imports, the government was also promoting exports.

Jeffrey D. Sachs
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reason why prosperity spread, and why it continues to spread, is the transmission of technologies and the ideas underlying them.
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world is not a zero-sum struggle in which one country's gain is another's loss.
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sweatshops are the first rung on the ladder out of extreme poverty
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Knowing that an economy is in decline is not enough. We must know why the economy is failing to achieve economic growth if we are to take steps to establish or reestablish it.
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Markets cannot meet the needs of the very poor. The desperately poor are not consumers who will create an immediate profit.
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We need to defend the interests of those whom we've never met and never will.
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History is written by the rich, and so the poor get blamed for everything.
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The rich control our politics to a huge extend. In return they get tax cuts and deregulation. It's been and is an amazing ride for the rich.
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