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Though the United States is one of the world’s richest economies by per capita income, it ranks only around seventeenth in reported life satisfaction… - Jeffrey Sachs
" "Though the United States is one of the world’s richest economies by per capita income, it ranks only around seventeenth in reported life satisfaction. It is superseded not only by the likely candidates of Finland, Norway, and Sweden, which all rank above the United States but also by less likely candidates such as Costa Rica and the Dominican Republic. Indeed, one might surmise that it is health and longevity rather than income that give the biggest boost to reported life satisfaction. Since good health and longevity can be achieved at per capita income levels well below those of the United States, so too can life satisfaction. One marketing expert put it this way, with only slight exaggeration: Basic Survival goods are cheap, whereas narcissistic self-stimulation and social-display products are expensive. Living doesn’t cost much, but showing off does.”
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About Jeffrey Sachs
Jeffrey David Sachs (born November 5, 1954) is an American economist, academic, public policy analyst and former director of The Earth Institute at Columbia University, where he holds the title of University Professor. He is known as one of the world's leading experts on sustainable development, economic development, international relations and the fight against poverty.
Also Known As
Native Name:
Jeffrey David Sachs
Alternative Names:
Jeffrey D. Sachs
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Professor Jeffery Sachs
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Sachs, Jeffrey
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Additional quotes by Jeffrey Sachs
The war [in Ukraine] started 9 years ago, not last year. I think it started in February 2014. It started with the violent overthrow of President Yanukovich, which I attribute to a significant extent of US participation in the regime change operation in Ukraine. And, in my mind, that really was the trigger of this war, meaning that we are basically seeing a proxy war between the United States and Russia.
The US foreign policy establishment had rhetorically justified America’s presence in Syria as part of the war on the Islamic State (ISIS). With ISIS essentially defeated and dispersed, Trump called the establishment’s bluff. Yet suddenly, the establishment declared the actual reasons for the extended US presence. Trump’s move, it was charged, would hand geopolitical advantages to Syria’s Bashar al-Assad, Russia’s Vladimir Putin, and Iran’s Ali Khamenei, while imperiling Israel, betraying the Kurds, and causing other ills that are essentially unrelated to ISIS.
Norway, Sweden, Denmark, Netherlands, Germany – are the countries with the largest so-called social welfare states. They... have a degree of equality that is unmatched in other parts of the world... And people do want to go to work. The idea that this has taken away the work incentive is actually the opposite...a social welfare system does is enable people to live with dignity if they don’t have the means on their own.... We should have the decency to provide dignity for everybody.
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