Tag Archives: Infrastructure

Infrastructure week: organs of the human brain, created by the human hand Who owns general social knowledge? Who owns the general intellect? Alf Hornborg pointed out that without the fuel to run it, a tractor is simply a piece of sculpture. It is not even a sculpture, though, if there is no one to design it and build it and operate it, let alone to design and manufacture the tools needed to build the tractor and so on. Marx’s list of things...

An Investment in the Future It is said that Eisenhower brought home the Autobahn; that he foresaw the need for airports. Let us say that President Eisenhower, seeing these needs for infrastructure, brought America into the 20th Century, and say, “Thanks, Ike.” Through the years, the interstate gave everyone access to work, to recreation, to their Doctor, to the shopping mall, … ; Today, for these same reasons and more, every household should have...

Behind the scenes: Trump came into office imagining a presidency in which new projects — "built by the Trump administration" — would be erected all over the country, sources close to him tell me."There was a genuine naïveté about the prospect of Democrats and Republicans coming together to do something on a grand scale with infrastructure," a former White House official told me. "It was one of those things where Trump said it was gonna be easy. He really thought so." In an early 2017...

This is the second in a series of blog posts on financing infrastructure assets. Multiplier EffectBanks, Capital Markets, and Institutional Investors as Providers of Long-Term Finance Felipe Rezende | Director, Economics and Finance Program, Bard College and Research Fellow, The Levy Economics Institute

This is the second in a series of blog posts on financing infrastructure assets. From 1990 to 2012, the stock of global financial assets increased from $56 trillion to $225 trillion. In 2012, it included a $50 trillion stock market, $47 trillion public debt securities market, $42 trillion in financial institution bonds outstanding, $11 trillion in non-financial corporate bonds, and $62 trillion in non-securitized loans and $13 trillion in securitized loans outstanding (Figure 1). Figure...

This is the first in a series of blog posts on financing infrastructure assets. Multiplier EffectThe Massive Need for Infrastructure in the Emerging and Developed World Felipe Rezende | Director, Finance program and Associate Professor of Economics & Finance, Bard College and Levy Economics Institute

This is the first in a series of blog posts on financing infrastructure assets Insufficient or inadequate infrastructure in both developing and developed economies has sparked a debate about whether financing is sufficient to sustain infrastructure investment to at least keep pace with projected global GDP growth. The task of keeping the minimum investment required to maintain current levels and fostering incremental spending to close the infrastructure gap has revived the debate over...

High Cost Economy | Michael Hudson Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. Important note for site admins: If you are the administrator of this website note that your access has been limited because you broke one of the Wordfence blocking rules. The reason your access was limited is: "Exceeded the maximum global requests per minute...

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Shamini Peries interviews Michael Hudson. Video and transcript.Michel HudsonTollbooth Trump Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University