Why we need public spending
David HallÂ at the University of Greenwich in the U.K. recently produced a really good report on Why we need public spending.Â
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 spendingÂ in response to financial crisesÂ but also in terms ofÂ long-termÂ economic growth.Â
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.