Keynsianism

US Infrastructure:  Austerity is a Bad Investment Strategy

US Infrastructure: Austerity is a Bad Investment Strategy

That’s the reasoning by Jordan Weissman in the current issue of the Atlantic.  He cites the usual Keynesian justification for such projects, both in terms of boosting employment in the short run and economic productivity in the long run.  But he also makes the case that, since we’re going to have to take on these […]

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