Tag Archives: Infrastructure

"Smoke and mirrors." Economic Policy InstituteThe Trump administration’s infrastructure plan remains empty talk and will be paid for by cuts to programs that help working peopleHunter Blair

Tollbooth Trump | 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 for...

The way states pay for large capital projects in America since the 1930s is to recoup their tax dollars BACK from the Federal government…. Donald Trump ran of a BIG program to help states get people to work by fixing roadways, airports and other mass transit project with infrastructure program….Democrats were happy to agree to this….. Conservatives in Trump’s party want no part of it. Trump now thinks he can sell the states and localities paying for this thru RAISING TAXES on their...

I've seen this graph in an interesting book by Jonathan Taplin (Move Fast and Break Things; highly recommend, btw) on how the big internet firms Google and Facebook essentially (but also Amazon) have become the new monopolies of our gilded age. He discusses mostly the effects on the entertainment business, but the implications are far-reaching of course. Below the share of fiber optics connections as a share of total broadband connections in OECD countries (Taplin uses this graph in the...

A little while back, Pavlina Tcherneva appeared with Bloomberg’s Joe Weisenthal to talk about the potential infrastructure policy of president-elect Donald Trump. She noted that, contrary to initial assumptions, the upcoming administration may not end up pushing public-debt-financed infrastructure spending, and that if the program simply amounts to tax incentives and public-private partnerships, it won’t be nearly as effective. But Tcherneva added another important dimension to this...

Michael Stephens | November 15, 2016 In a presentation here at the Levy Institute, Emilios Avgouleas argued that financial regulatory changes since the crisis have become so complex they represent a source of financial instability, and that new liquidity and capital requirements have contributed to the problem of “short-termism” in finance. Avgouleas proposed regulatory simplification and a reorientation that would create...