David Hall at the University of Greenwich in the U.K. recently produced a really good report on Why we need public spending.
It’s over 70 pages in length, is well-written, has a great deal of really useful material from around the world (including charts and graphics and extensive references) making the argument for why public spending is so important from an economic, social and environmental perspective: not just in terms of stimulus spending in response to financial crises but also in terms of long-term economic growth.
It also deals with fiscal issues, including the need for fair and progressive taxation, government deficits and debts, problems with P3s, and a section on the politics of public spending.
It’s very worthwhile reading and as a reference.
- Trickle Down Would Work If It Weren’t For The Sponges At The Top (September 19th, 2013)
- The G-20, Global Stagnation and the Option of Wage Led Growth (September 3rd, 2013)
- Niall Ferguson’s Latest Idiocy (May 5th, 2013)
- Margaret Thatcher’s Economic Legacy (April 16th, 2013)
- Happy Crashiversary! Are you better off now than you were four years ago? (September 14th, 2012)