Investment Economy


Eric Lotke's picture

Collapsing Bridges, Sinking Levees. It’s (Past) Time to Invest

Our nation’s infrastructure is dying of old age and neglect. The solution is obvious: Repair and rebuild. We can't allow conservatives to have us running scared from this issue.

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Eric Lotke's picture

New Unemployment, Old Solutions

Today’s unemployment data contain gloomy news. Gloomy, but expected. The interpretation of the data is even worse. more »

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Making It In America: Building The New Economy

Where We’re Going. How We’ll Get There.

We can’t go back to the economy of the past—a high-consumption, low-wage economy based on asset bubbles and foreign borrowing. Our response to the current crisis must plant the seeds for the economy of the future. America needs an industrial policy to shape that future. From workforce development to component manufacture, we need a strategic collaboration between the private sector and the government to reach our shared national goals. This report makes the case for that policy and explains what should be the key elements. more »


Eric Lotke's picture

Good deficit, bad deficit.

Obama has introduced his budget, and people are hyperventilating about the deficit. With all the hyperventilating, we are forgetting what’s most important. Deficits aren’t necessarily bad. Sometimes deficits can be good.

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Susan Ozawa's picture

Robert Wade - A Change of Financial Regimes

A Change of Financial Regimes Robert Wade, Development Studies Institute, LSE Speaking at the 2nd Workshop: "Developing Joint UK Policy Responses to the Financial and Economic Crisis" organized by the Bretton Woods Project and School of Oriental and African Studies, Research on Money and Finance, Dec 15th, 2008.

Wade makes the case for industrial planning on a global scale. more »

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Eric Lotke's picture

Prisons. A stable and growing part of the economy.

Two things happened yesterday. First, I published this major post about the role prisons play in the U.S. economy. Later yesterday evening, the Bureau of Justice Statistics released new data about people in prison. Any surprise? more »

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Eric Lotke's picture

Good Building, Bad Building

China has opened a new subway system every y more »

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Eric Lotke's picture

Falling Apart, Falling Behind

Not only is America's infrastructure is crumbling, but we are getting lapped by Europe and China when it comes to public investment.

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Eric Lotke's picture

A Consensus Emerges: Build, and Build Big

Stimulus plans don’t mean tax rebates worth a few tanks of gas and a restaurant dinner. Stimulus plans means new roads and bridges, aid to states so they won’t lay off nurses and teaching assistants, and a down payment on a new energy economy with windmills and commuter rail.

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Eric Lotke's picture

With A Compass, Not A Roadmap

Political change happens with a compass, not a roadmap. Obama has clearly indicated which way he wants to lead. Our job is to push him forwards and keep him on course.

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