Friday, June 3, 2011

Common Wealth by Jeffrey Sachs

Jeffrey Sachs has a web site at Columbia. For a partial review of this book, see Marginal Revolution and review by Tyler Cowen. Also, see this book in 79 slides at And, to get a more complete book review, check out Guardian.

For a lecture by Jeffrey Sachs, see YouTube item under Authors@Google.

Jeffrey Sachs is a rich socialist. I guess he says some interesting things. He talks how well the Nordic socialist states are doing. He sort of thinks other states can copy, but I wonder. I think the main reason that socialism works in the Nordic state is lack of corruption. I think that this is cultural and I doubt if other states can do this. It is not just that the Nordic states have ethnic homogeneity. France has this too and it is far more corrupt.

I first time I really realized the difference between England and France as far as corruption goes was with the Profumo Affair. This happen in 1963, so it was a long time ago; but I was young and not conscience really about such things as corruption. In this affair, the UK Secretary of State for War had an affair with reputed mistress of an alleged Russian spy. Being Canadian, I was horrified, as seemed the UK public. However, the French just seem to shrug their shoulders and say, “it happens”.

I also do not think that we humans do things until we are really forced to. In Canada, we still have the problem that the poor go to poor schools. It is just not the problem of money. It is the problem of having the will to change things.

I do not think he really has solutions for changing our world. The poor in lots of places are getting richer and living better probably not because of rich western socialists, but probably in spite of them. Well, at least he is thinking about things. I, in fact, have faith in mankind. I think that we will figure things out and with the poor getting richer, we will have a bright future.

On my website is how to find this book on Amazon if you care to purchase it. See Sachs. Also, this book review and other books I have reviewed are on my website at Book Reviews.