Comments on: Don’t send Sachs to the World Bank http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: traducere romana daneza http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-53559 Mon, 29 Sep 2014 13:58:47 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-53559 great points altogether, you just won a new reader. What may you suggest in regards to your publish that you just made a few days ago? Any sure?

]]>
By: santiago_socbiz http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36724 Sat, 10 Mar 2012 15:28:05 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36724 This is a poorly cited, ad hominem attack.
What him here, make your own assessment: http://www.youtube.com/watch?v=wf530FLMw 3w
The snarky claim that he is at the Earth Institute to raise wads of cash is downright low. My girlfriend’s work for the Red Cross relies heavily on the work of the Earth Institute, which Sachs founded.
Substantiate the “shock therapy” label that gets pinned on Sachs. In particular, research Sachs key proposition during his work in Easter Europe: having the international community inject large amounts of foreign currency into Stabilization Funds to help quickly stabilize currencies of post soviet nations. He succeeded in doing this in Poland (see Zloti Stabilization fund). He was blocked from doing the same for the Ukraine/Russia. Does that sound like shock therapy? Or is it painting of a whole profession with a single brush? Your claims about Millennium Villages are equally unfounded. Please do your homework next time. I’d be happy to see Sachs at the helm.

]]>
By: Kishore62 http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36659 Thu, 08 Mar 2012 09:09:31 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36659 Mr. Sachs indeed understands developmental economics and is very passionate about it (not “angry”). The average american politician, on the other hand, knows practically nothing leave alone developmental economics. No comparison at all between Sachs and American politicians.

As for World Bank employees not liking Sachs, that will certainly be a problem. If he is going to shake up the Bank’s standard approach, surely there will be a lot of resistance and not just because of the Millenium Village project. Such friction will be most productive.

It will certainly be good for the World Bank to be led by a guy who truly believes that dire poverty can be entirely eliminated from the face of the earth.

]]>
By: emm305 http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36561 Tue, 06 Mar 2012 00:45:28 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36561 I see this guy frequently on Morning Joe.
He is a jerk.

]]>
By: robertwaldmann http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36530 Sun, 04 Mar 2012 23:25:29 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36530 ” nearly always thinks he’s the smartest person in the room” ? “nearly”?!?!?

]]>
By: MichaelStrong http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36523 Sun, 04 Mar 2012 19:11:52 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36523 Bill Easterly would be the heroic choice, a beautiful comeback story on a par with that of Steve Jobs, from a much more modest, decent human being who deserves it and who would do an excellent job.

Bill Clinton is an interesting choice – if he would take it, I could imagine him being extremely effective. He’s got such a positive reputation globally at this point that he would be motivated to do a great job, and he is smart enough in all of the right ways that might actually do a great job.

The article in which “Sachs” lobbies to work at the World Bank must surely have been a witty plant by The Onion. Sachs himself is not THAT stupid, is he?

On the other hand, my wife (Senegalese entrepreneur Magatte Wade) told me this morning that the anecdotes she wrote about in the article below are only part of the story, that there were additional incidents she had with Sachs & Co. before the incidents described here,

http://www.huffingtonpost.com/magatte-wa de/does-jeffrey-sachs-believ_b_217785.ht ml

If Sachs was actually appointed head of the World Bank, he could probably manage to anoint himself as the most hated World Bank president in history.

]]>
By: EllieK http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36522 Sun, 04 Mar 2012 18:53:53 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36522 Thank for that URL, JonJonFaull! Much appreciated!

]]>
By: EllieK http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36520 Sun, 04 Mar 2012 18:00:49 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36520 No! Not Jeffrey Sachs. Have you ever checked his background at all? Undergrad, grad, PhD at Harvard. Straight to professor at Harvard. How common is THAT? And recently, those Millenium Village infomercials with Madonna and Angelina Jolie.

Larry Summers isn’t too suitable at this point either. But at least he had work experience in academia, industry, government AND I believe he even did a stint at the World Bank in the past.

There are many more suitable candidates than Jeffrey Sachs though. Felix is correct that the position has a significant diplomatic aspect. William Easterly would be a better choice. Plenty of others too.

]]>
By: EconomistDuNord http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36516 Sat, 03 Mar 2012 22:17:52 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36516 Grzegorz55 said:

“Sachs’ ‘shock therapy’ was introduced in only one East European country more less as he had proposed – Poland, then a highly indebted basket case of communist economy. Since 1990 it has been one of the fastest growing European countries and in the last 3 years the only European Community country not plunged into recession. Calling his reforms “complete disaster” shows only how ignorant Mr. Salmon is.”

Mr. Salmon has made a career out of saying ignorant, disingenuous and just plain wrong things with supreme confidence and arrogance for years. It’s his schtick.

]]>
By: Grzegorz55 http://blogs.reuters.com/felix-salmon/2012/03/02/dont-send-sachs-to-the-world-bank/comment-page-1/#comment-36478 Sat, 03 Mar 2012 10:55:30 +0000 http://blogs.reuters.com/felix-salmon/?p=12316#comment-36478 Sachs’ ‘shock therapy’ was introduced in only one East European country more less as he had proposed – Poland, then a highly indebted basket case of communist economy. Since 1990 it has been one of the fastest growing European countries and in the last 3 years the only European Community country not plunged into recession. Calling his reforms “complete disaster” shows only how ignorant Mr. Salmon is.

]]>