November 17, 2016

Infrastructure spending, a critique

(Paul Mirengoff) This past summer, Harvard economics professor Edward Glaeser wrote a powerful critique of infrastructure spending. His article, which appeared in the City Journal, was a response to a proposal by Bernie Sanders to spend $1 billion on public infrastructure. But Glaeser's arguments apply to similar proposals by other politicians and might well apply to the proposal Donald Trump offers, assuming he follows through on his pledge to rebuild America's infrastructure.

Source: Power LinePower Line