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Myths and realities of infrastructure spending… Glaeser

You are here: Home / Uncategorized / Myths and realities of infrastructure spending… Glaeser

September 13, 2016 by Jim Colburn Leave a Comment

Infrastructure spending has become a favorite solution to sluggish economic growth… Ed Glaeser discusses myths and realities in  an excellent article, “If You Build It..”, here:

http://www.city-journal.org/html/if-you-build-it-14606.html

Here is a takeaway quote:

“Subsidizing Big Mac consumption would be a more effective way to provide jobs for the temporarily unemployed than subsidizing airport renovation.”

Read the whole thing!

A hat tip goes to Alex Tabarrok, of my go to site, Marginal Revolution (http://marginalrevolution.com)…

 

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Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

 


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