The digital revolution marks a profound transformation of society, on par with the great general purpose technologies of the past two centuries: the steam engine, internal combustion engine, and electrification. Each reshaped the economy, nature of work, geography of human settlements, and politics. So too is the digital revolution reshaping 21st century society. Professor Jeffrey D. Sachs’ talk will focus on the basic economics of the digital revolution and the implications for jobs and the distribution of income. Professor Sachs will discuss several key economic policy implications of the digital era.
Jeffrey D. Sachs is a world-renowned Professor of Economics, leader in sustainable development, senior UN advisor, bestselling author, and syndicated columnist. He is the co-recipient of the 2015 Blue Planet Prize, the leading global prize for environmental leadership. He has twice been named among Time magazine’s 100 most influential world leaders. He was called by the New York Times, “probably the most important economist in the world,” and by Time magazine “the world’s best known economist.” A recent survey by The Economist ranked Professor Sachs as among the world’s three most influential living economists of the past decade.
Professor Sachs serves as the Director of the Center for Sustainable Development at Columbia University. He is University Professor at Columbia University, the university’s highest academic rank. During 2002 to 2016 he served as the Director of the Earth Institute. Sachs is Special Advisor to United Nations Secretary-General António Guterres on the Sustainable Development Goals, and previously advised UN Secretary-General Ban Ki-moon on both the Sustainable Development Goals and Millennium Development Goals and UN Secretary-General Kofi Annan on the Millennium Development Goals. He is a Distinguished Fellow of the International Institute of Applied Systems Analysis in Laxenburg, Austria.
Sachs is currently Director of the UN Sustainable Development Solutions Network under the auspices of UN Secretary-General António Guterres, and a Commissioner of the ITU/UNESCO Broadband Commission for Development. He is Chair and Founder of SDG USA, a non-governmental initiative to promote the Sustainable Development Goal concepts in the United States. Sachs is also co-founder and Chief Strategist of Millennium Promise Alliance, and was director of the Millennium Villages Project (2005-2015).
Sachs has authored and edited numerous books, including three New York Times bestsellers: The End of Poverty (2005), Common Wealth: Economics for a Crowded Planet (2008), and The Price of Civilization (2011). His recent books include: To Move the World: JFK’s Quest for Peace (2013), The Age of Sustainable Development (2015) and Building the New American Economy: Smart, Fair & Sustainable (2017).
Professor Sachs is widely considered to be one of the world’s leading experts on economic development, global macroeconomics, and the fight against poverty. His work on ending poverty, overcoming macroeconomic instability, promoting economic growth, fighting hunger and disease, and promoting sustainable environmental practices, has taken him to more than 125 countries with more than 90 percent of the world’s population. For more than thirty years he has advised dozens of heads of state and governments on economic strategy, in the Americas, Europe, Asia, Africa, and the Middle East. He was among the outside advisors to Pope John Paul II on the encyclical Centesimus Annus and in recent years has worked closely with the Pontifical Academy of Sciences and the Pontifical Academy of Social Sciences on the issues of sustainable development, especially in the context of Pope Francis’ encyclical Laudato Si’.
Sachs is the recipient of many awards and honors, including the Blue Planet Prize, membership in the Institute of Medicine, the American Academy of Arts and Sciences, Harvard Society of Fellows, and the Fellows of the World Econometric Society. In 2017, Sachs and his wife Dr Sonia Ehrlich Sachs were the first recipients of the World Sustainability Award of the World Sustainability Forum and Sachs was the first winner of the Boris Mints Institute Prize at Tel Aviv University.
Prior to joining Columbia, Sachs spent over twenty years as a professor at Harvard University, most recently as the Galen L. Stone Professor of International Trade. A native of Detroit, Michigan, Sachs received his BA, MA, and PhD degrees at Harvard.
Oxford Martin School,
University of Oxford