The Seattle Times interviewed Jeffrey Sachs, economist and director of the Earth Institute at Columbia University. Sachs recently completed a book titled, “Common Wealth: Economics for a Crowded Planet,” that delves into topics of sustainable development.
Q: How dangerous a point has the world reached?
A: We’re unprepared for the changes that are taking place in the world; the soaring energy prices and food prices are an example of this. We have economic systems and strategies inconsistent with how fast the global economy is changing, how interconnected food and energy systems are. We’re way behind the curve in terms of the sustainable development challenge. The chances for crises are very high because we haven’t been thinking ahead.
Read the full interview transcript here.