Tag Archives: infrastructure

Secular Stagnation & 3 Strategies for Financially Sustainable Growth

From Larry Summers: The challenge of secular stagnation, then, is not just to achieve reasonable growth but to do so in a financially sustainable way. There are, essentially, three approaches. The first would emphasize what is seen as the economy’s … Continue reading

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Subways, Strikes, and Slowdowns: The Impacts of Public Transit on Traffic Congestion

After recent debates about BART strikes, I found this paper from Michael Anderson to be pretty interesting. Transit accounts for only 1% of U.S. passenger miles traveled but attracts strong public support. Using a simple choice model, we predict that … Continue reading

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Are State Governments Roadblocks to Federal Stimulus? Evidence from Highway Grants in the 2009 Recovery Act

From Sylvain Leduc and Dan Wilson: We examine how state governments adjusted spending in response to the large temporary increase in federal grants under the 2009 American Recovery and Reinvestment Act (ARRA). We concentrate our analysis on ARRA highway grants, which … Continue reading

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Railroaded & The Effectiveness of Historical Government Infrastructure Investments

A historian recently recommended this book to me – it takes a pretty critical view of subsidies for infrastructure historically and sounds like a good book.

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Value of Infrastructure: Silicon Prairie Edition

I recently visited the headquarters of Google Fiber, which is a large infrastructure investment google has been rolling out in Kansas City that provides 100x faster internet. The tour guide claimed that home values in the green zone have increased … Continue reading

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