Finance & Fury Podcast

Welcome to Finance and Fury. Can public infrastructure spending help to boost a depressed economy? In this episode we look at the theory of infrastructure spending on public goods, such as roads and bridges, versus the practical reality of this type of fiscal policy. At the moment – there are lots of Proposals for Infrastructure to boost economy – USA, Aus, EU – beyond other stimulus measures – this is one that billions of dollars can be pledged to First- what infrastructure governments spend funds on – Public infrastructure – for instance - spending on roads, bridges, train lines, sewerage systems - other such projects which are considered a public good – i.e. usable for all – This type of spending is one of the most advertised tools of anti-recessionary fiscal policy Why? When the economy struggles, politicians and public economists call for greater infrastructure spending as a form of stimulus This can be politically expedient as well - especially when the spending takes place in the politician’s state.