Building the New American Economy: Smart, Fair, and Sustainable - Hardcover

Jeffrey Sachs remains one of the most thought-provoking economists in the world today because he dares to challenge presidents of both parties and the orthodoxies that bind them to disastrous policies. His critiques are fierce and his solutions fearless in the face of political and academic groupthink. That makes Professor Sachs a rarity in public life and this book an absolute necessity. -- Joe Scarborough My father famously declared that GDP "measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country; it measures everything in short, except that which makes life worthwhile." Jeffrey Sachs presents an economic vision beyond GDP, one that is based on compassion and sustainability, and that aligns with the globally agreed Sustainable Development Goals. This is a roadmap for America's future economic strategy. -- Kerry Kennedy, president of the Robert F. Kennedy Center for Justice and Human Rights

In this passionate and powerful book-part manifesto, part plan of action-the renowned economist Jeffrey D. Sachs offers a practical strategy to move America, seemingly more divided than ever, toward a new consensus: sustainable development. Sustainable development is a holistic approach that emphasizes economic, social, and environmental objectives in shaping policy. In focusing too much on economic growth, the United States has neglected rising economic inequality and dire environmental threats. Now, even growth is imperiled. Sachs explores issues that have captivated the nation and political debate, including infrastructure, trade deals, energy policy, the proper size and role of government, the national debt, and income inequality. Not only does he provide illuminating and accessible explanations of the forces at work in each case, but he also presents specific policy solutions. His argument rises above the pessimism born of political paralysis, economic stagnation, and partisanship to devise a brighter way forward, achievable both individually and collectively. In Building the New American Economy, Sachs shows how the United States can find a path to renewed economic progress that is fair and environmentally sustainable.