DEFINITION of 'Jeffrey Sachs'

An American economist who is director of the Earth Institute. He is also a professor of sustainable development and of health policy and management at Columbia University. His work centers on economic development, poverty, globalization and global warming.

BREAKING DOWN 'Jeffrey Sachs'

Sachs is well known even outside of academia for his New York Times bestsellers, The End of Poverty and Common Wealth. Born in 1954 in Detroit, he earned his BA, MA and PhD from Harvard, where he also taught before joining Columbia. He has served as an advisor to the governments of many developing countries and has received numerous awards and honors. Time magazine named Sachs one of the most influential leaders in the world.

  1. Poverty

    A state or condition in which a person or community lacks the ...
  2. Theodore W. Schultz

    An agricultural economist who won the Nobel Prize in Economics ...
  3. Columbia Business School

    This is one of the top business schools in America and is located ...
  4. Douglass C. North

    An American economist and winner of the 1993 Nobel Memorial Prize ...
  5. Zvi Griliches

    A celebrated Harvard University empirical economist. Born in ...
  6. The World Bank

    The World Bank is an international organization dedicated to ...
Related Articles
  1. Personal Finance

    Columbia's Financial Aid Trumps Steep Tuition

    Despite its high tuition costs, Columbia University is surprisingly affordable for low- and middle-income students, thanks to its generous financial aid.
  2. Insights

    America's Poorest States in 2015

    Learn the reasons Mississippi, New Mexico, Louisiana, Georgia and Kentucky are the poorest states in the United States, as of 2015.
  3. Investing

    Understanding Rare Earth Metals

    Rare earth metals are quickly becoming a sought-after global commodity. Find out what they are and how you can invest.
  4. Personal Finance

    Get An Academic Finance Career

    Working nine months a year and earning a six-digit salary might seem like the high life, but these jobs are not easy to come by.
  5. Personal Finance

    A Day In The Life Of An Economist

    We've interviewed three economists with very different job descriptions to give you an idea of the many possibilities this career choice offers.
  6. Insights

    IMF on the 4 Headwinds of U.S. Economic Growth

    Explore the four major economic headwinds that the International Monetary Fund (IMF) identifies as principal obstacles to strong U.S. economic growth.
  7. Insights

    The World Bank's All-Important World Development Indicators (WDI)

    The World Development Indicators are the world's economic scorecards: they evaluate where nearly every country stands and how far it has yet to go.
  8. Investing

    Columbia Sportswear to Trade Ex-Dividend (COLM)

    Columbia continues to invest in growth, but the increased costs haven't impacted its profits -- a nice combination for investors who are betting on growth.
  9. Investing

    26 Goldman Sachs Alumni Who Run the World

    How Goldman Sachs alumni run the the world.
  10. Personal Finance

    6 Jobs You Can't Get Without A PhD

    There are many types of PhDs available, but only a handful of careers actually require this prestigious degree.
  1. The Difference Between the International Monetary Fund and the World Bank

    Learn about the International Monetary Fund and the World Bank and how they are differentiated by their respective functions ... Read Answer >>
  2. What are some of the challenges in real estate development?

    Learn what real estate development is, what developers do, and how real estate development is hindered by both risks and ... Read Answer >>
Hot Definitions
  1. Call Option

    An agreement that gives an investor the right (but not the obligation) to buy a stock, bond, commodity, or other instrument ...
  2. Standard Deviation

    A measure of the dispersion of a set of data from its mean, calculated as the square root of the variance. The more spread ...
  3. Entrepreneur

    An entrepreneur is an individual who founds and runs a small business and assumes all the risk and reward of the venture.
  4. Money Market

    The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities ...
  5. Perfect Competition

    Pure or perfect competition is a theoretical market structure in which a number of criteria such as perfect information and ...
  6. Compound Interest

    Compound Interest is interest calculated on the initial principal and also on the accumulated interest of previous periods ...
Trading Center